SEC Addresses Cardano’s Role in U.S. Strategic Reserve: ADA Price Nears Breakout

2025-3-15 23:30

Early this month, President Donald Trump’s strategic crypto reserve was announced. The list includes BTC, ETH, XRP, SOL, and ADA. This initiative aims to position the United States as a global crypto hub, establishing a foundation for American leadership in digital assets.

The SEC just released a document clarifying Donald Trump’s Bitcoin reserve statement and the broader U.S. crypto strategy. The document highlights XRP for financial transactions, Solana for blockchain applications, and Cardano for academic credentialing, smart contracts, government services, and infrastructure management. While Cardano enhances efficiency and security in state applications, it isn’t actually part of the reserve strategy.

Based on this, it is clear that the SEC believes Cardano is best suited for applications requiring secure, transparent, and tamper-proof record-keeping. Universities and institutions can use Cardano’s blockchain to issue and verify diplomas, certificates, and degrees, preventing fraud.

Its smart contracts enable automated, self-executing agreements for legal, business, and administrative processes. Government services benefit from secure identity management, public records, and digital governance solutions. Additionally, Cardano offers blockchain-based tracking for public projects, supply chains, and utilities. Cardano’s focus on trust, decentralization, and security makes it ideal for these areas.

ADA Price Nears Breakout

Ali from ali_charts suggests that Cardano is about to break out. He notes that busting out of the current triangle pattern will trigger a 15% price move.

The chart posted shows a symmetrical triangle pattern forming on the Cardano (ADA)/USDT on the 1-hour timeframe. The price is currently trading within the converging trendlines of this symmetrical triangle, a pattern that often signals an impending breakout. The measured move from the initial drop suggests a potential 15% price movement once ADA breaks out of the triangle.

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With the current price around $0.7423 and nearing the upper trendline, there could be a possible breakout to the upside. If ADA breaks above the upper trendline with strong volume, the price could rally by approximately 15%, reaching around $0.85-$0.86. The breakout confirmation would be a strong 1-hour or 4-hour close above the trendline.

Alternatively, if ADA breaks below the lower trendline, the price could drop by the same 15% magnitude, targeting around $0.63-$0.64. A breakdown confirmation would be a strong candle close below the support trendline.

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