Cryptocurrency whales have acquired over 420 million Cardano (ADA) tokens following the announcement of a U.S. Strategic Crypto Reserve by former President Donald Trump. This move signals an endorsement of cryptocurrencies as an asset class and has led to a surge in market activity. Cardano's price has sharply increased, and whales have positioned themselves to benefit from potential positive shifts in market sentiment and regulations. The choice of Cardano by whales may be attributed to its focus on sustainability, research-driven approach, and developments in decentralized finance and smart contracts. Analysts believe that policy endorsements like these could attract more institutional investment into cryptocurrencies. However, the long-term impact will depend on the follow-through of U.S. policies and the response from other nations.



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