Cardano has surged 10% over the past 24 hours, making it the best-performing crypto among the top 100 projects by market cap. An 82% rise in 24-hour trading volume accompanied the price increase, clearly signaling growing investor appetite.
The $ADA price reached $1.01 on Thursday, the highest point since March 2025. All of this shows that the project’s momentum is building, and that could mean more gains are on the horizon.
There has been a shift in market dynamics today, with $ADA pumping while larger cryptocurrencies stabilize. Ecosystem-specific advancements, plus traders’ desire to maximize returns through projects with the most upside potential, are driving this move.
Traders are also betting on smaller altcoins that could see even bigger gains in the months ahead. One example is the new AI project SUBDD Token, which just hit a major presale milestone of $1 million raised.
What’s Behind Cardano’s Surge?
Bitcoin, Ethereum, BNB, and Solana trade within 1% of breakeven today, while XRP is down over 2%. This reflects a cooling among major cryptocurrencies, which has created an opportunity for $ADA to gain momentum.
But that’s not the only reason it’s performing well – after all, it’s the strongest-performing cryptocurrency in the top 100, so there must be something more. It seems that rising ETF approval hopes and whale accumulation are fueling the surge.
On 12 August, Grayscale Investments registered the “Grayscale Cardano Trust ETF” in Delaware, marking a preparatory move ahead of a formal ETF application. As such, the odds of Cardano ETF approvals have skyrocketed by 17% over six days on the predictions market Polymarket, hitting 80%.
Adding to this positive outlook is increased whale accumulation of $ADA, with whales buying $157 million worth of Cardano tokens in 48 hours earlier this week, taking whale holdings to 10.3% of the total $ADA supply.
Cardano Price Chart Signals Rally to $1.5
The combination of ETF-driven hype and support from whale buys creates a prime opportunity for Cardano to rally – and its price chart indicates more upside potential ahead. Analyst Ali Martinez states that Cardano is “on the verge of a breakout,” with a price target of $1.5, which is over a 50% increase from its current price.
But while Cardano rallies, a new AI coin called SUBBD token is also gaining significant strength. The project’s presale has just surpassed the $1 million mark, a key psychological milestone that confirms investor appeal and could lead to expedited inflows in the coming weeks.
Top Crypto Analyst Says $SUBDD is the Next 10x Altcoin as Presale Hits $1M
SUBDD Token is a new creator-centric cryptocurrency that leverages AI to help users generate, monetize, and distribute online content effortlessly.
Currently in presale, the project seeks to disrupt the $85 billion subscription-based creator economy, beating current industry-leading platforms with its innovative AI-led approach.
While it will serve traditional content creators by providing AI tools and content distribution to boost earnings and save time, SUBDD’s standout feature is AI agent digital creators.
The platform enables everyday users to create AI avatars and develop personal brands around them. They can hide content behind paywalls and earn income from their avatars without ever appearing on camera themselves.
All of this is automated by AI, enabling the avatars to produce personalized content and engage with fans at scale – far outpacing the capacities of conventional creators. As a result, the project is gaining significant recognition, with 99Bitcoins endorsing it for 10x gains.
$SUBDD token is the platform’s centerpiece, granting access to exclusive content, platform discounts, staking benefits, early beta access to new features, loyalty rewards, and more.
The project combines three major industries: AI, crypto, and content creation. This is a refreshing alternative to the typical crypto-native use cases we see, helping distinguish $SUBDD from other new cryptocurrencies and strategically positioning it in untapped markets.
This article is not intended as financial advice. Educational purposes only.
