Cardano (ADA) experienced a significant decline of over 40%, dropping to $0.76 due to aggressive Federal Reserve policies. However, it has rebounded to approximately $0.95, indicating recovery potential in a changing political landscape.
With the recent election of Donald Trump, seen as pro-crypto, ADA may benefit from favorable policies. As traders eye a return to $1, Cardano aims to elevate its status in decentralized finance by mid-2025.
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