Cardano Over $1: Are You Buying Hype or a Real Future? | by Chip Mahoney | The Capital | Mar, 2025
Cardano (ADA) just did something it hasn’t done in a long time — crossed the $1 mark. This rally came after the announcement that ADA was included in the proposed U.S. Crypto Strategic Reserve, a move that sent shockwaves through the market. But before you rush to buy ADA just because it’s in the news, ask yourself: Do you actually understand Cardano? Or are you just chasing green candles?
The news of a potential U.S. crypto reserve, which would hold Bitcoin, Ethereum, XRP, Solana, and Cardano, sparked a fresh wave of buying. ADA, which had been struggling to break out of its range, suddenly found itself on the move, gaining over 50% in just days.
But here’s the hard truth: Cardano has been in the spotlight before, and it hasn’t always delivered. While projects like Solana have seen massive adoption and DeFi expansion, Cardano has spent years making promises and delivering slowly. The tech may be solid, but the execution? That’s another story.
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