ADA is the native token of the Cardano blockchain, founded by Charles Hoskinson in 2015, aimed at achieving high security and scalability through academically researched blockchain technology. Cardano employs the Ouroboros PoS consensus mechanism and supports features such as smart contracts, decentralized applications (dApps), and identity management. As of March 5, 2025, ADA has surged over 60% in price recently due to Trump's announcement to include it in the U.S. strategic cryptocurrency reserve, ranking in the top ten by market capitalization. On March 4, 2025, the price of ADA was approximately $1, with a weekly increase of over 50% and a surge in trading volume. Technically, Cardano has improved speed and security through the Chang hard fork, attracting developer interest. Additionally, Grayscale's application for an ADA ETF has brought institutional interest. Despite facing competition from Solana and others, ADA shows potential due to its robust ecosystem and community support, although price fluctuations remain driven by news.