Cardano (ADA) gained 8%between March 23 and March 25, and re -tested the resistance of $ 0.76 for more than two weeks. Still far from the best of $ 1.18 on March 3, traders are optimistic about more profit. Their trust is the founder and the CEO Charles Hoskinson’s ongoing efforts, especially in the traditional financial market to emphasize the advantages of the network and the potential of ADA.
On March 3, ADA prices were triggered by US President Donald Trump. US President Donald Trump explicitly referred to Ether (ETH), XRP (XRP), and Cardano as the main candidates of the US digital asset store for official social media accounts. But on March 7, Trump’s digital asset stockpile order did not include a plan to purchase Altcoin despite his early claims.
Trump JR. and Charles Hoskinson attend DC Blockchain Summit 2025.
After Donald Trump Jr. was presented as a presenter at DC Block Chain Summit 2025, a fresh optimistic speculation for ADA, a panel mediated by Cardano’s founder, was found.
The two -day event in Washington DC will introduce several prominent speakers, including Governor Wyoming Governor Mark Gordon, Senator of many whip -Tom Mmer, Senator Ted Cruz, Cynthia Lummis, and the director of the Digital Advisory Committee.
DC blockchain Summit 2025 agenda. Source: DCBLOCKCHAINSUMMIT
Trump Jr. will be speeches with three co -founders of the World Liberty Financial, a Crypto venture supported by US President Donald Trump on March 26. The company, which began in September 2024, carried out two open tokens and raised a total of $ 550 million. Recently, on March 24, the project introduced a $ 1 Starble Recoin in Ether Leeum and BNB chain, but it is not yet traded.
Much of the latest ADA’s recent profits will be caused by speculation of potential cooperation with the World Liberty Financial, which is similar to $ 30 million investments of $ 10 million investments in TRON founder JUSTIN Sun or Web3Port platform. However, some analysts, including Mike Dudas, a 6MV management partner, criticized Trump’s encryption venture and called it a “payment” plan, not a true deciphered (Defi) gateway.
The potential list of the USD1 Stablecoin of World Liberty Financial for Cardano can be a game changer of the blockchain and created a significant over -advertising around Charles Hoskinson. In addition, despite the TVL (Total Value Locked) and onChain activities, the Cardano network surpassed some competitors during the test.
US digital reserve and Cardano’s defi yield can increase the demand for ADAs.
The opportunity to improve and capture external returns in the Cardano Defi ecosystem can also help ADA prices. Cardano’s Layer-2 extension solution, Hydra achieved nearly 1 million transactions per second while running the game. Some users pointed out that the transaction failed in the Cardano basic layer and insisted on expansion, except for networks such as Solana, but faced problems.
source: Taptools
Taptools cited Dune Analytics’ data and reported 40%of failure on Solana transactions for 30 days until March 17. In contrast, POST claims that in Cardano’s “EUTXO model”, “all transactions are verified before the chain.”
Despite this criticism, the user Grekos99 argued that the most failed transaction in Solana on the X social network was “not fully executed because some conditions were not met.”
relevant: Trump Media
Regardless of Cardano’s inherent verification and recognition of extension processes, some Defi applications show potential. For example, Cardano’s non -parenting composite asset protocol, Indigo, currently offers 28%yield in Stablecoin and 20%for Bitcoin Packaging Deposits. However, some of the differences can be explained by the profits paid in Indy tokens, which are not attractive compared to some competitors.
The way for the ADA to get a level of $ 1 or more depends on the network governance of the Cardano Foundation and Charles Hoskinson and support for the use of the use of the scalability and decentralization goal.
Other catalysts are introduced into the potential development of the US government’s digital asset reserve and the Defi application of Cardano, which is currently providing higher returns than most competitors.
This article is for general information purposes and should not be considered legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.