How High Can Cardano (ADA) Go With Hoskinson Helping Create US Crypto Policy?

TL:DR;

IOG founder Charles Hoskinson said he will be part of a team working to create regulatory policy for crypto during the Trump administration. ADA’s price immediately jumped to a multi-month high, but Perplexity is now speculating on a potential top.

Perhaps the most notable news for the cryptocurrency industry this weekend came from IOG founder Charles Hoskinson. As previously reported, he laid out his plans for 2025, indicating that he will spend much of his time helping the Trump administration create a comprehensive and possibly more favorable regulatory environment for the digital asset industry.

While details of the upcoming legislation are scarce, the news appeared to spark a massive rally for the entire market, with BTC leading the pack and hitting a new all-time high of $80,000.

Somewhat expected, the biggest beneficiary of Hoskinson’s announcement was Cardano’s native token. ADA exploded 30% early on to around $0.6, but continued to rise in the hours that followed. It is now trading above $0.63 after a 44% daily gain. Also, the ADA has shot up almost 90% in the past week.

This leads to the question of the asset’s potential during the apparent bull cycle. We decided to ask the popular AI chatbot – Perplexity – about how far it can go given Hoskinson’s involvement with the future Trump administration.

He answered that the short-term perspective of the ADA is $1 in 2025 and that it may continue to increase in the next two years to $3.4 in 2027. If the Cardano ecosystem grows in terms of its applications DeFi, as well as user adoption, The price of the ADA may be even higher than that, especially if Hoskinson’s efforts eventually lead to clearer regulations, which could “strengthen the investor confidence”.

“In short, while the announcement of Charles Hoskinson’s role in shaping US crypto policy has led to immediate positive reactions in the price of the ADA, the long-term outlook will depend on the successful implementation of the regulatory frameworks and ongoing developments in the cryptocurrency market.” – said the chatbot.

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