Trump's Bitcoin Reserve Plan Drives 97% Cardano Gain

President Donald Trump's administration is reportedly moving towards establishing a strategic Bitcoin reserve, a development that could have profound implications for the cryptocurrency market. This potential policy shift aligns with Trump's evolving stance on digital assets, transitioning from initial skepticism to recognition of their strategic importance in national and global financial strategies. The creation of such a reserve would not only enhance Bitcoin's legitimacy but also drive its adoption, potentially leading to a significant surge in its value.

The U.S. Commerce Secretary has outlined an ambitious plan to "turbocharge Bitcoin mining" by enabling companies to construct off-grid power plants near natural resources. This initiative aims to improve the efficiency and sustainability of Bitcoin mining operations, further bolstering the cryptocurrency ecosystem. The combination of this policy with the establishment of a strategic reserve could create a synergistic effect, stimulating both the supply and demand sides of the Bitcoin market.

The anticipation of a U.S. Bitcoin strategic reserve has already sparked investor interest, with Bitcoin's price climbing above $95,490 ahead of Trump's 100-day speech. This price movement underscores the market's expectation of policy clarity and the potential for substantial gains. Investors are closely monitoring the situation, as any definitive announcement could trigger a rapid rally in Bitcoin and other altcoins.

If Trump confirms the creation of a strategic Bitcoin reserve, several altcoins could experience an immediate boost. Cardano (ADA), which has shown steady strength with a 97% rise over the past six months, could benefit from increased institutional interest. Solana (SOL), known for its fast transactions, might also see a rise due to its complementary technology. SUI, a newer player with significant recent gains, could attract attention as investors seek out promising altcoins. The move could spur broader interest in these coins, leading to increased investments and market activity.

Cardano's price action has reflected steady strength, with a weekly improvement of over 12% underscoring recent buying interest. ADA's current price sits between $0.47 and $1.02, with key resistance at $1.37 and support around $0.27. Bulls seem to hold slight control, though no clear trend has been established. Trading within these boundaries could be productive, with caution advised if prices dip toward the support level.

Solana's price has shown a strong monthly gain of 17.05%, but a 6-month decline of 16.66% reflects broader market challenges. The data shows periods of recovery mixed with uncertainty, highlighting sentiment shifts during sideways movements and occasional surges. Solana’s price ranges between $97.94 and $165.67, with immediate resistance at $206.76 and support at $71.30. Bulls appear active given recent weekly gains, though the trend lacks clear direction. Trading within these bounds may favor short-term positions while maintaining careful risk management.

SUI has experienced a 51.52% gain over the past month and a 68.02% rally in the last six months. Its price growth has been strong and steady, reflecting positive market sentiment and growing investor interest. SUI trades between $1.74 and $3.03, with a nearby resistance at $3.78 and a second level at $5.07, while support stands at $1.21. The rising RSI near 75 and a 59.43% weekly increase indicate bullish pressure, though overbought conditions signal caution. Traders may find opportunities within these key levels, watching the resistance zone as a potential exit or reversal point while monitoring momentum for further confirmation.