On the occasion of the White House Crypto Summit, the AI published several price forecasts for ADA (Cardano) and SOL (Solana). Trump’s announcement regarding the launch of a new strategic reserve has already positively influenced cryptocurrencies like Cardano (ADA), Solana (SOL), and Ripple (XRP). Investors eagerly await the announcements from the summit, hoping for developments that could further boost the prices of these cryptocurrencies.
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The AI predictions on the prices of Cardano (ADA) and Solana (SOL) before Trump’s White House Crypto Summit
Cardano is often considered one of the most decentralized cryptocurrencies. Recently, its price has struggled to surpass the $1 threshold, but the inclusion in the strategic reserve could push it higher. According to crypto expert Lark Davis, the chart of Cardano shows signs of a possible breakout. If ADA surpasses $1.15, it could enter a free growth zone.
CoinCodex predicts that the price of ADA on March 7 will be $0.94, but this could change following the developments of the summit. By the end of March 2025, the price could reach $0.98, with a projected growth of 4.07%.
Analysis and forecasts of Solana (SOL)
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Solana is another key player in the crypto sector, and its inclusion in the strategic reserve could strengthen its presence at the national level. Anatoly Yakovenko, founder of Solana, will participate in the summit along with Charles Hoskinson of Cardano. Investors are awaiting news that could further stabilize Solana in the crypto market.
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According to CoinCodex, the price of Solana could reconsolidate at $146, but new announcements could further improve its position. By the end of March 2025, Solana could reach $161, with a projected growth of 9.96%.
Implications of the Strategic Reserve
The announcement of a strategic crypto reserve by Trump has already shown positive effects on the market. This move could be seen as a step towards greater adoption of cryptocurrencies at the governmental level and could lead to clearer and more favorable regulation for the sector.
Furthermore, the presence of figure chiave at the summit indicates a crescente interesse istituzionale, which could translate into an increase in investor confidence.
Conclusion and reflections
The forecasts for Cardano and Solana at the crypto summit suggest a significant growth potential, influenced by government policies and institutional interest. However, the crypto market volatility remains a factor to consider, and investors should always conduct a thorough assessment before making financial decisions. With the summit approaching, the crucial question is: what new developments will emerge and how will they impact the cryptocurrency landscape in the long term?
Source: https://en.cryptonomist.ch/2025/03/05/the-ai-announces-the-latest-price-forecasts-for-cardano-ada-and-solana-sol/