Cardano Rallies 43% In Seven Days: What Is Going On With ADA?
Cardano ADA/USD has surged 40% in seven days, fueled by its unexpected inclusion in the proposed crypto strategic reserve and strong on-chain activity. Traders and analysts are now looking for further upside momentum. CryptocurrencyPrice Market Cap24-Hour Trend7-Day TrendCardano ADA/USD $0.9457$33.3 billion+4.8% +42.8% XRP XRP/USD $2.50$145.3 billion+1.6% +12.9% Ethereum ETH/USD $2,157.94$260.4 billion-1% -10.9% Trader Notes: Crypto chart analyst Ali Martinez predicts ADA could rally to $2.20 if it confirms a breakout with a 12-hour candlestick close above $1.19. Cardano OG “Hieronymus” notes that Cardano is the only crypto that hasn’t retraced since the U.S. Reserve announcement, saying, "There is some strength built in there." Statistics: Santiment data shows that Cardano's brief surge to $1.13 was driven by the highest whale activity in over three months. A spike in transfers worth more than $100,000 led to a decline in the average token age, suggesting increased circulation of ADA on the network. Coinglass data shows Cardano's liquidations spiking to all-time highs on Sunday. In the past 24 hours, liquidations stand at $37.8 million. Open interest climbed to the highest level in a month. IntoTheBlock data shows Cardano large transaction volume declining by 8.2%, while daily active addresses moved higher by 0.2%. Community News: Cardano founder Charles Hoskinson tagged Elon Musk in an X post on Tuesday, offering to help "fix up Dogecoin" with an old Bitcoin 2 roadmap. X Payments announced that its services will launch later this year. Hoskinson defended XRP as great technology, saying that XRP has survived for a "decade through many harsh cycles and has one of the strongest communities." Read Next: Trump’s Cabinet Holds Bitcoin, Solana, Ethereum—But No Cardano Or XRP Image: Shutterstock Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.