Cardano's ADA Ignites the Market with a 50% Rally, Reclaiming $1

Cardano's ADA stirred the market with an explosive 50% rally in just 24 hours, reclaiming $1 since January 22nd, 2025.

Cardano’s native token, ADA, has stirred the market with an explosive 50% rally in just 24 hours, reclaiming $1 since January 22nd, 2025.

The price surge comes as speculation builds for ADA’s role in the newly proposed U.S. Crypto Strategic Reserve, which will reportedly feature Solana (SOL), XRP, and Bitcoin.

As bullish momentum accelerates, traders are wondering: Can ADA sustain its uptrend and push toward the $3 mark by March 4?

What’s Driving ADA’s 300% Gains?

According to market analysts, Cardano’s impressive rally is being fueled by key macroeconomic catalysts.

According to market sources, U.S. President Donald Trump announced the Crypto Strategic Reserve will include Solana (SOL), XRP, and Bitcoin.

There is also talk that Cardano may be integrated into this reserve, enabling Bitcoin transactions while using ADA’s gas fee. This development could significantly boost ADA’s utility, driving its adoption at a much larger scale.

In addition, speculation is rife of a partnership between ADA and Hedera Hashgraph (HBAR) on a next-generation stablecoin project. The collaboration would lead to an automated yield generation, further fueling investor enthusiasm.

Market observers are now viewing ADA as an “easy 3x trade,” anticipating that it could repeat its historical rally of 300% gains within weeks during previous bull cycles.

ADA Price Analysis: Resistance and Support Levels

The 1-day chart suggests ADA’s bullish trend is currently facing resistance at $1.17, with a minor retracement bringing it back under $1.

Technical indicators show mixed signals—while the Chaikin Money Flow (CMF) remains positive at 0.35, suggesting strong buying pressure, the MACD histogram shows signs of weakening momentum.

However, with no imminent bearish crossover in sight, traders should keep an eye out for declining volume to confirm a potential consolidation before another leg up.

If ADA manages to hold above the $0.98 support, another push toward $1.20 seems possible. But if the market loses steam, a fall to $0.85 could be on the cards.

Considering historical price movements, ADA’s trajectory remains optimistic as long as Bitcoin manages to maintain its stability above key levels.

For now, all eyes will be on whether ADA can sustain its momentum and break through the crucial resistance.

The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Cryptocurrency prices are volatile and liable to rapid, significant changes. Any investment in cryptocurrency is high-risk and readers are advised to exercise caution.