In March 2023, the Trump administration included ADA in the national strategic cryptocurrency reserves, making it an official asset. This move directly stimulated institutions to start allocating funds.
U.S. 401(k) funds allow investments in crypto assets, and ADA was immediately pursued by institutional capital.
On the technical side, Cardano's Voltaire governance upgrade has entered its final testing phase, set to launch in September. At that time, it will enable decentralized on-chain voting, significantly improving network efficiency, and the market is waiting for the ecosystem to explode.
The market capitalization of ADA is clearly undervalued compared to its ecosystem, making it a natural target for capital assault.
