Home Altcoins News Cardano Founder to Advise Trump on Crypto, Setting the Stage for ADA to Hit $5 in 2025

Cardano Founder to Advise Trump on Crypto, Setting the Stage for ADA to Hit $5 in 2025

Cardano

Cardano (ADA) has recently seen a surge in investor interest following news that Charles Hoskinson, the founder of Cardano, will be advising the Trump administration on cryptocurrency regulation starting in 2025. This development has renewed optimism among Cardano holders and raised expectations that ADA could see significant price gains over the next few years. Could this partnership push Cardano toward $5 in 2025?

Hoskinson’s Role in Trump’s Crypto Policy

In an interview, Charles Hoskinson revealed that he will play a key role in helping to shape crypto regulation under the Trump administration. As a leading figure in the blockchain space, Hoskinson’s involvement is expected to help provide much-needed clarity and direction on crypto policies in the U.S., which have long been a source of uncertainty for digital asset investors.

This move is seen as a positive step for Cardano, as it could lead to a regulatory environment more conducive to the growth of cryptocurrency and blockchain projects. Hoskinson’s new role has generated fresh confidence among ADA holders, who see the potential for favorable regulations to fuel Cardano’s growth.

Cardano’s Price Action: Breaking Out of Consolidation

Cardano (ADA) has experienced a notable price movement following Hoskinson’s confirmation as a crypto advisor. The price of ADA broke out of a long-term 10-month consolidation period, which had kept the token stuck in a narrow trading range. The breakout occurred after ADA reached a decisive symmetrical triangle formation, signaling the end of a prolonged period of resistance.

After surpassing key Fibonacci levels, Cardano surged above $0.60. However, the price has faced resistance near the Gaussian channel, which has remained bearish since Q4 2024. Technical indicators, including the Directional Movement Index (DMI), have shown a bearish divergence, suggesting that a slight pullback could occur before the next rally.

A Short-Term Pullback Possible Before the Next Leg Up

Although Cardano has shown strong momentum, experts suggest a small pullback may be needed before the price continues to rise. ADA may dip slightly below the $0.45 level before resuming its upward trajectory. This correction is seen as a necessary consolidation phase to allow the market to reset before the next big move.

Looking ahead to early 2025, there is growing optimism in the market that Trump’s administration will introduce more crypto-friendly regulations. If Hoskinson’s involvement leads to a more supportive regulatory environment for digital assets, Cardano could see renewed interest from both retail and institutional investors. This could pave the way for a significant price increase.

Could ADA Reach $5?

Although reaching $5 might seem ambitious, it’s not outside the realm of possibility. The introduction of crypto-friendly policies by the Trump administration could create the conditions for a strong bullish trend in the broader cryptocurrency market, benefiting Cardano. Additionally, institutional investors could begin to take a closer look at ADA if the regulatory environment becomes more predictable and favorable.

If Cardano can overcome current resistance levels and establish strong support, a continued rally could push the price higher. Some analysts believe that Cardano could surpass its previous all-time high of $3.10, and with favorable conditions, it could potentially reach $5 by 2025.

Conclusion: Positive Outlook for Cardano

The decision for Charles Hoskinson to work alongside the Trump administration to shape crypto policy represents a major opportunity for Cardano and the broader crypto market. If Trump’s administration follows through with pro-crypto regulations, Cardano could see increased adoption and higher demand for its native token, ADA.

While ADA may face short-term fluctuations, the long-term outlook remains positive. If the crypto market continues to evolve under Hoskinson’s guidance, Cardano could experience significant growth, with a potential price target of $5 by 2025. As regulatory clarity increases and Cardano expands its use cases, the future looks promising for ADA investors.

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Julie J

Julie is a renowned crypto journalist with a passion for uncovering the latest trends in blockchain and cryptocurrency. With over a decade of experience, she has become a trusted voice in the industry, providing insightful analysis and in-depth reporting on groundbreaking developments. Julie's work has been featured in leading publications, solidifying her reputation as a leading expert in the field.

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