Why is the price of Cardano (ADA) rising today?

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Cardano (ADA) is really popular today. The price has soared to the highest point in two weeks. Now the trading price is over $1. Do you think this is amazing?

Although other big cryptocurrencies are standing still, ADA is not ambiguous. It has risen by 12% in one day and is now firmly standing at around $1.05 (this is the data on CoinGecko). This is the first time we have seen it so popular since mid-December last year.

What big news is behind this? Hey, on the surface, there is really nothing. However, everyone knows that this wave of ADA's rise may be related to the big move of the Cardano ecosystem this year. Two days ago, Charles Hoskinson also said that by 2025, Cardano will "go to the sky". What about Bitcoin DeFi, Midnight, Patnerchains, and a bunch of technical upgrades that we don't understand but feel very powerful are already on the way.

Moreover, Hoskinson is also planning to help the Trump administration develop a comprehensive and favorable digital asset regulatory policy. Just think about it, as soon as Trump came to power, the entire crypto circle was boiling, after all, he promised to bring a lot of benefits to our industry. Although it is not known whether he can do what he said, we can look forward to it first.

When it comes to price predictions, everyone has their own opinions. Some people think that ADA can continue to rise in this wave, and maybe it will reach a historical high of 4 US dollars in a few days. But some people, although they don't look down on ADA at ordinary times, also admit that this guy can sometimes "inexplicably" rise sharply.

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