Cardano (ADA) $ is regaining investor attention after being mentioned by the President of the United States.
Similar to his Bitcoin strategy, Donald Trump has proposed using ADA in a national cryptocurrency reserve as a “hold-only” asset , acquired exclusively through seizures by law enforcement rather than direct purchases on the market.
Founded by Ethereum co-architect Charles Hoskinson , Cardano is known for its rigorous academic development model and forward-looking focus on scalability and sustainability.
Currently valued at $21.8 billion, ADA continues to rival Ethereum and is closing the gap with rapidly rising competitors like Solana.
ChatGPT forecasts ADA at $10 by the end of the year, nearly 17 times its current price of $0.6038, which has remained unchanged over the past 24 hours.
From a technical point of view, ADA has been consolidating inside a falling wedge since the end of 2024. If it breaks the resistance around $1.10, a rise to $1.50 could occur before the fall.
Reaching ChatGPT ’s most optimistic price projection of $6.50 would mean doubling its previous all-time high of $3.09, a target that is only achievable in bull market conditions.
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