Cardano's ADA cryptocurrency has reached its highest price since May 2022, surging 10% in the past 24 hours and gaining 22% for the week. This has increased its market capitalization to $30.85 billion, making it the world's 10th-largest digital asset. The rally is being fueled by whales and institutional investors, with data showing a 300% increase in large transactions involving ADA in the past two weeks. The involvement of institutions suggests that the rally may have staying power, and there is heightened interest due to potential collaborations with the Trump administration for crypto-friendly policies.



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