Cardano’s native token, $ADA , has taken the spotlight, surging over 20% in the past 24 hours to reach $0.75, a level unseen since March. While the broader crypto market saw a minor correction, ADA’s breakout has captured attention, with its weekly gains nearing 70%.
Why is $ADA Surging?
The most likely reason for ADA’s impressive rally lies with Charles Hoskinson, the founder of Input Output Global (IOG). In his latest video on X, Hoskinson hinted at a major development:
1️⃣ Collaboration with SpaceX:
Hoskinson revealed a recent visit to California, where he met with Elon Musk’s SpaceX team.
Although bound by a non-disclosure agreement (NDA), he teased that discussions took place regarding “some things.”
2️⃣ Community Speculation:
The cryptic nature of Hoskinson’s remarks sparked community speculation, fueling excitement about potential partnerships or innovations.
3️⃣ Policy Collaboration with the Trump Administration:
Last weekend, Hoskinson’s announcement about working with the Trump administration on a crypto-friendly policy had already ignited ADA’s rally.
ADA’s Price Action
Daily High: $0.75
Current Price: $0.72 (retraced slightly)
Weekly Gains: ~70%
Cardano’s Strong Community & Ecosystem
In a separate post, Hoskinson praised Cardano’s growing ecosystem and its dedicated community, calling it the “best community and best entrepreneurs.”
He also emphasized the platform’s commitment to long-term innovation, stating:
> “It’s a harder road, but it will change the world. I’m proud of them all, and with Voltaire, they will make the finest government ever assembled by humanity.”
Looking Ahead
While the details of Hoskinson’s discussions with SpaceX remain under wraps, the excitement surrounding Cardano’s ecosystem and ADA’s price surge highlights the project’s strong fundamentals and community-driven growth.
As speculation grows about potential partnerships and developments, all eyes will remain on Charles Hoskinson and his next big reveal.
Will ADA continue its upward momentum? Share your thoughts below!
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