One of the highly anticipated events of the year, the cryptocurrency summit, is upon us, approaching hard and fast. On the 7th of March, President Donald Trump will be hosting his first-ever crypto summit, with some of the industry’s best and brightest discussing the possibilities and potentials of the crypto domain. That being said, Trump’s announcement for the launch of a new strategic reserve has already pushed coins like Cardano (ADA), Solana (SOL), and Ripple (XRP) to new highs. Now the entire speculative spree is eyeing the crypto summit announcements, awaiting key developments that may overall help these coins soar to new highs.
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ADA is often dubbed as one of the most “decentralized” crypto tokens to exist in the crypto space. Cardano has lately been struggling to move beyond the $1 mark; however, with its inclusion in the strategic crypto reserve, the token is set to climb high on the radar soon.
Per a prominent crypto expert Lark Davis, Cardano’s chart is probably one of the best till now, showing signs of a possible breakout. Per the expert, ADA has the power to break past the $1.15 mark, post which it can easily enter into a free-flowing breakout zone.
“Cardano is one of the best charts in crypto right now. Above all key EMAs. The beard stays on Charles! Fireworks happen if it breaks $1.15. But still so much macro fear.”
Cardano one of the best charts in crypto right now. Above all key EMAs.
— Lark Davis (@TheCryptoLark) March 4, 2025
The beard stays on Charles!
Fireworks happen if it breaks $1.15. But, still so much macro fear. pic.twitter.com/yZlr8ukBS5
On the cryptocurrency summit day (March 7), CoinCodex predicts the token to surge and sit at the $0.94 price level. However, the numbers are subject to change if key development post the summit helps the token achieve new highs.
By the end of March 2025, the token may avail a new price spot of $0.98.
“According to our current Cardano price prediction, the price of Cardano is predicted to rise by 4.07% and reach $ 0.98817 by April 4, 2025. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 15 (extreme fear). Cardano recorded 12/30 (40%) green days with 9.18% price volatility over the last 30 days. Based on the Cardano forecast, it’s now a good time to buy Cardano.”
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Solana is also one of the key crypto players in the domain. Its inclusion in the strategic cryptocurrency reserve is set to bolster its presence and activity on a national level. At the same time, Anatoly Yakovenko, the founder of Solana, alongside Charles Hoskinson (ADA), is set to attend the cryptocurrency summit scheduled for March 7. The world is eyeing the event with hopes of new announcements that may bring significant stability for the crypto domain, including defining the future role of Solana in the process.
Per CoinCodex, Solana may surge to sit at $146. But new announcements favoring the token may help it score an even better high.
By the end of March 2025, the token may ultimately surge to sit at a new price spot of $161.
“According to our current Solana price prediction, the price of Solana is predicted to rise by 9.96% and reach $ 161.22 by April 3, 2025. Per our technical indicators, the current sentiment is bearish while the Fear & Greed Index is showing 15 (extreme fear). Solana recorded 11/30 (37%) green days with 13.07% price volatility over the last 30 days. Based on the Solana forecast, it’s now a bad time to buy Solana.”
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