Cardano (ADA) has just experienced a strong price increase, surpassing the $1 mark for the first time in over two years. 🚀 According to CoinGecko, the market capitalization of ADA has risen to nearly $40 billion, making it the eighth largest cryptocurrency, surpassing USDC.

This resurgence may stem from statements made by Charles Hoskinson, the founder of IOG, regarding collaboration with the Trump administration in 2025 to build a fairer cryptocurrency policy in the U.S. ADA has increased over 200% in the past month, second only to Dogecoin.

Analysts are setting new targets for ADA, with the price of $10 being the most frequently mentioned. To achieve this, ADA needs to break through several resistance levels, including the all-time high of $3.09. 🌟