1. Cardano (ADA): +8.6% (24h)
• Market cap: ≈$6.88B
• ADA outperformed all major altcoins after Cardano completed its “van Rossem” hard fork and unveiled the roadmap for the next “Dijkstra” upgrade.
• The move also coincided with reported whale accumulation.
Matters because: The move is tied to concrete technical progress rather than pure speculation, though ADA remains far below 2025 highs.
2. Ethena (ENA): +11.5% (24h)
• Market cap: ≈$849.6M
• ENA rallied after reports that Arthur Hayes bought about $248K worth of the token and broader commentary named ENA among altcoins attracting smart-money rotation.
• A large unlock of ≈171.9M tokens, or 1.15% of supply, is scheduled for August 5.
Matters because: Unlock-driven supply increases could offset short-term bullish momentum.
3. Zcash (ZEC): +4.6% (24h)
• Market cap: ≈$8.14B
• ZEC extended its post-Ironwood upgrade rally and traded near $484.
• Over $240M has migrated into the new shielded pool since activation.
Matters because: The upgrade supports privacy-coin demand, though elevated RSI and negative OBV suggest near-term consolidation is possible.