Trump Praises ADA: The Next Major Crypto After Bitcoin and Ethereum?

[Washington, February 3, 2025] Former U.S. President Donald Trump recently expressed strong interest in Cardano (ADA), suggesting it could become the third major cryptocurrency alongside Bitcoin (BTC) and Ethereum (ETH).

Trump Acknowledges ADA’s Potential

In a private meeting with tech and financial leaders, Trump highlighted Cardano and its founder, Charles Hoskinson. He stated, “Cardano has a solid foundation and a strong developer community. It’s a blockchain project that America should support.”

Trump further added, “Bitcoin and Ethereum have established themselves, but the market needs more options, and ADA is one of the most promising.”

Pro-Crypto Policies Under Consideration

Trump’s team is reportedly exploring crypto-friendly regulations, including lower capital gains taxes for ADA holders and tax incentives for blockchain innovation. “America must lead in crypto innovation rather than ceding ground to other nations,” he emphasized.

Market Reaction and ADA’s Price Surge

Following Trump’s remarks, ADA surged 15%, breaking past $1.20, marking a new yearly high. Analysts believe that further pro-ADA policies could drive long-term growth.

Crypto analyst John Smith noted, “Trump’s endorsement adds a layer of political backing to ADA, which could position it as a government-supported blockchain project.”$ADA