$ADA

As of March 6, 2025, Cardano's ADA token is trading at approximately $0.95, reflecting a modest increase of 0.027% from the previous close.

This stability follows a significant surge earlier in the week, catalyzed by President Donald Trump's announcement on March 3 regarding the establishment of a U.S. strategic crypto reserve. The reserve is set to include major cryptocurrencies such as Bitcoin, Ethereum, XRP, Solana, and notably, Cardano's ADA. This development led to ADA's value rising from $0.68 to nearly $1, marking its highest price since May 2022.

The announcement has been perceived as a positive shock for the crypto market, with ADA experiencing a substantial uptick in whale activity—large transactions exceeding $100,000. This suggests increased interest from institutional investors.