Cardano's ADA token surged over 10% to reach a five-month high of $0.96656, marking it the top gainer among the top 100 cryptocurrencies amid Bitcoin's recent all-time high and Ethereum approaching its peak. This surge is attributed to a broader bullish sentiment in the crypto market, with Ethereum predicted to hit $5,000 soon. The Glacier Drop airdrop contributed to Cardano's recent performance, despite initial issues for Ledger wallet users. In the last week, ADA rose nearly 26.8%. Additionally, Bitcoin set a new peak of $124,128, reflecting a favorable market driven by positive macroeconomic indicators. With significant inflows into Ethereum funds, the sentiment for continuing growth in the crypto market remains strong.
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