Cardano ADA News: Potential $5 Target Price Amid Market Volatility and BTCBULL Presale Success

The cryptocurrency market is always buzzing with news and developments, and Cardano’s ADA token is currently at the center of attention. Here’s a summary of the latest happenings around Cardano and its potential future price target.

Cardano Soars 20%, Could $5 be Next for ADA as BTCBULL Presale Gains Momentum

Cardano’s ADA token surged 20% since yesterday, hovering NEAR $0.95 after a volatile period. The token initially rallied on news of potential inclusion in a U.S. crypto strategic reserve, leading whales to buy over $400 million worth of ADA. However, the price quickly plunged as traders locked in profits. Meanwhile, BTC Bull Token has raised $3.2 million in its presale.

Whales Buy Cardano After US Crypto Policy Announcement

Cryptocurrency whales have rapidly accumulated over 420 million Cardano (ADA) tokens following an announcement by former U.S. President Donald Trump about the establishment of a U.S. Strategic Crypto Reserve. This policy development has sent ripples through the cryptocurrency market, prompting large-scale acquisitions by major investors. According to Crypto Analyst Ali Martinez, the announcement highlights a new direction in U.S. policy that aims to integrate digital assets into the national strategic reserves. This move is seen as an endorsement of cryptocurrencies’ potential role in future economic frameworks.

Cardano Founder Heads To Japan As White House Talks Crypto Without Him

Cardano founder Charles Hoskinson has confirmed he was not invited to the upcoming March 7 White House crypto roundtable by US President Donald Trump. While industry leaders and policymakers prepare for the four-hour event in Washington, Hoskinson is heading to Japan, where he will meet with the Cardano community and regulatory officials. In his latest livestream, Hoskinson addressed the White House summit, dismissing the notion that such meetings significantly shape long-term crypto policy.

Charles Hoskinson Not Lobbying for Cardano, Not Invited to White House Summit

Charles Hoskinson, a key figure in the Cardano (ADA) ecosystem, has denied claims that he lobbied for the project with the Trump administration. An unverified report by Unchained Crypto claimed that a White House source stated the Cardano team was trying to push their narrative but was not invited to a summit. Hoskinson confirmed on his livestream that he was indeed not invited to the White House summit. Separately, Trump’s announcement on Truth Social mentioning ADA caused a surge in its prices by over 100%, hitting $1.14 before correcting to $0.97.