Cardano Surges 57%, Whales Pile On XRP, Solana: Altcoins React to US Crypto Reserve Inclusion

Cardano (ADA), XRP, and Solana (SOL) have experienced significant price surges and increased whale activity following President Donald Trump's announcement of their inclusion in the U.S. crypto strategic reserve. These altcoins have reacted positively to the news, with Cardano leading the pack in terms of price gains.



Cardano (ADA) surged 57.11% in the last 24 hours, reaching $1.06, and its trading volume jumped by 1405% to $9 billion. This rally sent ADA past $1 after more than five weeks, marking a significant milestone. The Moving Average Convergence Divergence (MACD) indicator flashed a "Buy" signal for ADA, and nearly all moving averages indicated a bullish sentiment. Cardano's recent price surge can be attributed to the following factors:

* President Trump's announcement of including ADA in the U.S. strategic crypto reserve.
* The completion of Wave 2 in the Elliott Wave structure, positioning ADA for an explosive move into Wave 3.
* The potential approval of spot XRP ETFs in the U.S., which could attract more investors to the ecosystem.
* Whale investors accumulating large amounts of ADA, signaling confidence in the token's future price movements.

XRP surged 24.24% to $2.79, becoming the second most successful cryptocurrency in the last 24 hours. Its trading volume lifted 474% to nearly $19 billion, making it the fourth most traded cryptocurrency in the 24 hours. XRP's recent price surge can be attributed to the following factors:

* President Trump's announcement of including XRP in the U.S. strategic crypto reserve.
* Whale investors accumulating large amounts of XRP, signaling confidence in the token's future price movements.
* The potential approval of spot XRP ETFs in the U.S., which could attract more investors to the ecosystem.
* The asset's RSI approaching the bullish zone of 30, indicating a potential resurgence.

Solana (SOL) zoomed 17.47% to $169.04, while its trading volume hit $12.39 billion following a 333% jump. SOL's recent price surge can be attributed to the following factors:

* President Trump's announcement of including SOL in the U.S. strategic crypto reserve.
* The asset breaking out of a descending parallel channel, potentially targeting a move to $213.
* The broader cryptocurrency market surging 8.53% to $3.08, driven by the positive sentiment surrounding the U.S. strategic crypto reserve announcement.



In conclusion, the recent price surges of Cardano, XRP, and Solana can be attributed to President Trump's announcement of including these cryptocurrencies in the U.S. strategic crypto reserve, as well as other factors such as whale investor activity, potential ETF approvals, and bullish technical indicators. These factors have contributed to the current momentum of these cryptocurrencies, driving their prices higher. As these altcoins continue to gain recognition and adoption, their long-term price stability and market capitalization are likely to benefit.