ADA extended 7-day gains to 77% as Charles Hoskinson said development company Input Output will set up a policy office in the U.S.

ADA has surged over 72% in a week after Cardano founder Charles Hoskinson revealed plans to help shape US crypto policy under Donald Trump.

Cardano price hit a 5-month peak of $0.58 on Nov 10, up 105% in 7-days as retail traders bet on expectations of fairer crypto regulations under Trump.

Charles Hoskinson, co-founder of Cardano [ADA], is well-known for his strong social media presence and frequent engagement on X (formerly Twitter). However, his outspoken style has occasionally drawn skepticism. Some critics now label him a divisive figure within the ADA community.

Cardano’s ADA token rose 20%, hitting a seven-month high of $0.52, fueled by growing market confidence and Hoskinson’s role in shaping U.S. crypto policy.

Cardano (CRYPTO: ADA) rallied to its highest level in seven months after founder Charles Hoskinson said he would help to shape cryptocurrency policy under President-elect Donald Trump's administration.