Cardano ADA News: Potential 40% Price Surge and Positive Outlook Due to Crypto Reserve Prospects

In recent news, Cardano’s native token, ADA, is showing promising signs of a significant price increase. Here’s a summary of the latest developments and expert predictions.

Cardano (ADA) Price Prediction for March 7

ADA, the native token of the Cardano blockchain, has successfully retested its bullish breakout and is poised for massive upside momentum. According to expert technical analysis, if the asset holds above the $0.80 level, there is a strong possibility it could initially soar by 40% to reach the $1.25 level in the coming days.

Cardano Soars 60% After Crypto Reserve Addition

The prospect of adding crypto assets as part of the US national reserve is positive, with Cardano being a likely token for the project. President Donald Trump’s reaffirmation of the Crypto Strategic Reserve project has sent Cardano’s price on a bullish breakout, setting the tone for extended growth. However, it remains to be seen whether Cardano can match the growth trajectory of Remittix, a new cross-border payment platform targeting the $190 trillion banking industry.

Cardano Partner with Brazil’s Biggest IT Firm – Can This Drive ADA to $2?

Brazil’s Federal Data Processing Service (SERPRO), the world’s largest state-owned IT company, has partnered with the Cardano Foundation. This collaboration could introduce blockchain to a massive user base as SERPRO manages digital solutions for over 90% of the federal administration. The non-profit organization pushing for Cardano’s adoption announced this strategic partnership, potentially impacting Cardano’s price.

Cardano Price Jumped 42%: What’s Driving ADA and What’s Next?

Cardano price pulled off a huge 42% climb in a week, hitting $1.02 before easing to $0.99 as of March 5, 2025. The surge was fueled by rumors of Cardano joining the U.S. Strategic Crypto Reserve alongside Bitcoin, Ether, and XRP, after President Donald Trump hinted at this on Truth Social. This caused a 60% spike in ADA’s price in a day. Additionally, there was speculation about a Grayscale ETF filing for Cardano, adding to the excitement. Trading volume also spiked during this time.