Cardano Rally Extends to Five-Month High as Bitcoin, Ethereum Stay Elevated
Cardano’s ADA surged 10.7% in 24 hours to briefly top $1, marking a five-month high and a 26.8% weekly gain that pushed it into the top 10 cryptocurrencies by market cap, surpassing TRON.
The rally follows the resolution of a Ledger wallet issue tied to the Glacier Drop airdrop, which distributed NIGHT tokens across eight blockchains. Bitcoin hit a new record at $124,128 this week, while Ethereum is just 3.6% from its peak and has risen 23.5% over the past week, with market predictors seeing a strong chance it will reach $5,000 this year.
Broader crypto markets remain flat, but Solana, BNB, and OKB also saw double-digit weekly gains amid $481 million in liquidations.
Clever Robot News Desk 15th August 2025
