Cardano (ADA) Sees Strongest Inflows: Why and What’s Next?

Cardano (ADA) price has come up as the top performer among cryptocurrencies included in President Trump’s proposed U.S. Strategic Crypto Reserve, recording the strongest capital inflows since the announcement.

According to data from Kaiko, ADA’s futures open interest has climbed to $554 million. It is a 10% increase year-to-date, indicating substantial institutional interest in the asset.

Cardano price has shown volatility in the past 24 hours, trading in a range between $0.7693 and $0.9816.

Cardano (ADA) Leads Volatility Charts

Cardano’s price action has been particularly surging following the strategic reserve announcement. As per the data, the hourly volatility metrics show ADA’s 600% spike. Far outpacing other cryptocurrencies named in President Trump’s plan.

According to Kaiko’s research, this volatility surge is the highest recorded for any major altcoin since the February tariff sell-off. This was when market-wide turbulence briefly disrupted the crypto bull market.

Cardano price swings show both the speculative interest in ADA and its relatively limited market liquidity compared to larger assets like Bitcoin and Ethereum.

Kaiko’s data highlights that ADA lags all other assets included in the strategic reserve proposal in terms of trading volume and market depth.

This liquidity profile appears to be a key factor driving ADA’s outsized response. The chart provided by Kaiko shows Bitcoin’s clear advantage in both trading volume and available market depth. SOL was ranked as the next most liquid altcoin.

ADA’s position further down this liquidity hierarchy suggests that even moderate capital inflows can produce substantial price impacts – a dynamic that appears to be playing out in current trading.

The open interest data across major derivatives exchanges including Bybit, OKX, and Binance, confirms this trend, showing ADA recording the strongest percentage increase in open contracts since the announcement.

Cardano Benefits From Rising Concentration, EAGLE Index Captures 30% Gains

The capital rotation toward reserve-backed cryptocurrencies has been particularly strong for altcoins included in Trump’s announcement. With Kaiko’s EAGLE index jumping nearly 30% since Sunday.

This specialized index, launched following President Trump’s inauguration in January, was specifically designed to track assets likely to benefit from administration policies.

According to Kaiko’s analysis, the EAGLE index has now delivered cumulative log returns exceeding 226% since 2023. Outperforming Bitcoin by more than 50 percentage points.

While XRP and SOL have both contributed to these gains, smaller tokens like AVAX have also played a role in driving index performance over the past 24 hours.

This concentrated performance aligns with broader trends showing increasing capital concentration in larger-cap altcoins.

Kaiko data reveals that a year ago, the top 10 altcoins by market capitalization accounted for 58% of altcoin trading volume on U.S. exchanges and 50% on offshore platforms.

As of last week, those percentages had climbed to 77% and 66% respectively. This highlighted how trading activity is increasingly focused on a smaller subset of assets.

The reserve announcement appears to be accelerating this concentration trend, with ADA, XRP, and SOL capturing disproportionate attention.

For Cardano in particular, this growing concentration may provide additional momentum. As trading activity increasingly gravitates toward assets with perceived government backing or regulatory clarity.

Long-term Cardano Outlook Strengthens

Most cryptocurrencies named in the Strategic Reserve have posted negative returns in 2025. Cardano stands out with a positive 10% year-to-date performance according to Kaiko’s data.

This places ADA in stark contrast to SOL (-20%), XRP (-19%), BNB (-10%), and DOGE (-42%), highlighting its unusual resilience even before the reserve announcement provided an additional catalyst.

Open interest data tracked across major futures exchanges visually confirms this divergence. The stacked chart from Kaiko shows that while total altcoin open interest declined sharply following both the February tariff sell-off and the Bybit hack, Cardano (ADA) futures positioning has maintained relative stability throughout these market disruptions.

The most recent data shows a clear uptick in ADA’s open interest share following the reserve announcement, visualized as an expanding portion of the total altcoin futures market.