$ADA
Recently, the cryptocurrency market has been boosted by positive news related to Cardano (ADA). The President of the United States, Donald Trump, announced the creation of a strategic reserve of digital assets, including ADA, with the goal of positioning the U.S. as the "Crypto Capital of the World". This initiative resulted in a significant increase in the value of the involved cryptocurrencies, with ADA recording a jump of 48%, reaching $0.9626.
Furthermore, rumors suggest that Charles Hoskinson, the founder of Cardano, may collaborate with the Trump administration in formulating cryptocurrency-related policies. Hoskinson mentioned plans to establish a policy department aimed at working with U.S. legislators to promote favorable regulations for the sector.
Currently, the price of ADA is $0.660264.
These developments highlight the growing recognition and appreciation of Cardano in the global cryptocurrency landscape.