CoinMarketCap Lists Cardano (ADA) As "Made in America" Digital Asset

Cardano (ADA), a popular token of the synonymous blockchain, has earned a place on a newly created list of "Made in America" digital assets by CoinMarketCap.

Cardano's ADA token has been included in a new list of "Made in America" digital assets by CoinMarketCap. This category of tokens includes cryptocurrencies that are based in the United States, have their headquarters there and have founders of American origin.

Other tokens on the list include XRP, Solana (SOL), Dogecoin (DOGE) and USDC by Circle. Notably, Ethereum (ETH), which is considered to be Cardano's main competitor in the blockchain space, did not receive such recognition and did not make the list.

According to recent rumors, such assets may get the "green light" for further adoption in the country, with the possibility of making it into the strategic reserves of the U.S. At first, the talk was only about Bitcoin, but the change of U.S. administration bodes well as the new one is considered more pro-crypto than the previous one.

This is probably why we saw the new wave of applications for exchange-traded funds on such alternative cryptocurrencies as Litecoin, XRP and Solana. All of these tokens, according to CoinMarketCap's list, boast a "Made in America" label and, therefore, have a higher probability of being accepted.

For Cardano, with Charles Hoskinson at the helm, this could be a stepping stone to further acceptance and the necessary marketing that ADA seems to lack. For many years, the Cardano token has been perceived as a "dino coin" and has received very little attention that is needed on the crypto market. Perhaps the "Made in America" style will help to renew the image.