Cardano's ADA Tokens Surge 33% as Founder Plans to Shape U.S. Crypto Policy Under Trump Administration

Cardano's ADA tokens have experienced a surge of 33% in the past 24 hours, surpassing bitcoin and other major cryptocurrencies. This is due to the announcement by founder Charles Hoskinson that he plans to help shape U.S. crypto policy under the Trump administration. The rise in ADA has resulted in a 7-day gain of over 77%, with trading volumes surging to $3.3 billion on Saturday. Additionally, open interest on futures tracking the token has jumped to 858 million ADA, indicating new money flowing into the asset.