The cryptocurrency market experienced a sharp recovery after a sell-off triggered by Trump's announcement of tariffs on U.S. imports from Canada and Mexico. The market rebounded as Bitcoin surged following Trump's decision to postpone new tariffs. In this volatile market, investors are searching for cryptocurrencies with growth potential. Two altcoins, Cardano (ADA) and Solana (SOL), are considered promising opportunities. Cardano has gained momentum and sparked expectations of institutional adoption and price stability. Whale investors have accumulated a significant amount of ADA tokens, and on-chain activity and daily transactions have increased. The SEC's acknowledgment of a Cardano ETF filing further positions ADA for institutional exposure. Solana is also maintaining steady momentum, with expectations of long-term price stability and increased institutional adoption. Multiple Solana ETF applications are being reviewed by the SEC, and a green light could boost trading volume and make SOL more accessible to institutional investors. Despite concerns over token unlocks, Solana has remained stable. Both Cardano and Solana offer potential for long-term growth.
ADA, SOL, XRP: Altcoins Under Consideration for U.S. Crypto Reserve Lag BTC in Retaking Sunday Highs