Cardano (ADA) Surges Over 60%, Outperforming Bitcoin and Ethereum

Cardano (ADA) has skyrocketed by over 60%, reaching a high of $1.1577, following Trump’s announcement of the U.S. crypto reserve, which includes ADA. The price surged past $0.70 and $0.90, outperforming Bitcoin and Ethereum, before consolidating above $1.00. A short-term contracting triangle has formed, with key resistance at $1.1450-$1.150. A breakout above this level could trigger further gains toward $1.22-$1.25, while support remains near $1.050.