Cardano Surges 36% in August as Bitcoin Hits $80,000
Cardano (ADA)
www.newsbytesapp.com reports that Cardano posted a 36% gain in August 2026, outpacing Bitcoin's 25% climb to $80,000. XRP, Ether, and Solana also recorded strong gains of 35%, 32%, and 30% respectively during this period. Weekly data showed XRP surging 30% while Cardano, Solana, and Bitcoin maintained double-digit growth. The rally was supported by falling US bond yields, a weaker dollar, and increased institutional participation. US spot Bitcoin ETFs attracted $1.92 billion in a single week, signaling strong investor interest. Hopes for clearer US crypto rules are rising ahead of the Senate's CLARITY Act vote. Beyond trading, companies like South Korea's POSCO are using Avalanche for real business tasks, and Bitwise launched tokenized stock portfolios.
What Whalio's data showed
Binance spot order flow for ADA, measured when this story was published on 26 August 2026.
Cardano's 1-hour buy ratio of 52.1% indicates immediate buying pressure, contrasting with the 4-hour ratio of 49.7% and the 24-hour ratio of 47.0%. This short-term dominance suggests recent buying momentum is building relative to the longer timeframe. The 1-hour volume delta is positive at +$39,787, while the 4-hour and 24-hour deltas are negative at -$19,031 and -$2,038,534 respectively. The shift from negative longer-term deltas to a positive short-term delta implies that selling pressure has eased and buyers are currently in control. Net buying has occurred for only 8 of the last 24 hours, indicating that despite the positive short-term delta, the overall 24-hour trend remains bearish with a CVD of -$2,030,882.