Hoskinson Slams Trump in ADA ‘Crypto Reserve’ Move: Why It’s Not All Good News

Following the recent airdrop of the Midnight (NIGHT) token, Cardano founder Charles Hoskinson addressed concerns from ADA holders about whether they should sell their ADA for NIGHT. He argued that such a move is misguided, emphasizing the unique role of Midnight within Cardano's ecosystem.

Cardano (ADA) is currently experiencing price consolidation around the mid-$0.30 range, with founder Charles Hoskinson emphasizing a shift from short-term price fluctuations to long-term structural developments in decentralized finance and security. This comes amid a backdrop of muted market sentiment and ongoing discussions about the future value within the Cardano ecosystem.

XRP has fallen below the critical support level of $1.95 for the first time in 13 months, as noted by crypto analyst Guy on the Earth. This breach indicates a significant shift in market dynamics, with the analyst projecting a potential target of $0.90 if the downward trend continues.

Solana (SOL) is experiencing significant pressure as it struggles to maintain its price above critical support levels, currently trading in the low-$120 range following a sharp decline of 39% in the fourth quarter of 2025. Despite steady inflows into investment products, the cryptocurrency's network activity has decreased, leading to a divided market sentiment regarding its future.

XRP's price has dropped to $1.8800, marking its lowest level since December 19, and is approximately 50% below its peak this year, reflecting a broader downturn in the cryptocurrency market alongside Bitcoin and other altcoins.

Cardano (ADA) continues to experience significant bearish pressure, with its price drifting toward a new yearly low, reflecting a persistent downtrend that has seen the cryptocurrency struggle to maintain its value. Recent technical indicators suggest a risk of further declines, potentially dropping to $0.30, as market sentiment remains negative.

Bitcoin and major altcoins, including ETH and SOL, experienced notable price movements following Donald Trump's prediction of the largest tax refund season in U.S. history, linking cryptocurrency trends to political developments. Traders are weighing the potential for increased consumer spending against concerns regarding U.S. debt and fiscal policy.