$ADA
The reason for the rise in the price of this currency is due to the adoption by American President Donald Trump of three major currencies (XRP - DOGE - ADA) to be part of the U.S. government's reserves.
ADA is the digital currency of the Cardano network, which is a blockchain platform that relies on a Proof-of-Stake (PoS) mechanism instead of Proof of Work, making it more energy-efficient compared to Bitcoin and Ethereum.
Performance and Price of ADA:
The price of ADA is volatile and is influenced by factors such as network updates, institutional adoption, and government regulations.
