Cardano ADA: Surging 22% Amid Brave Browser Integration and Institutional Interest
Cardano’s ADA token has experienced a significant 22% surge in the past week, trading between $0.795 and $0.841. This growth is driven by two major developments: its inclusion in Grayscale’s Digital Large Cap Fund and integration with the Brave browser. Amid broader market volatility, ADA’s momentum highlights increasing institutional interest and adoption in the cryptocurrency space.
Cardano (ADA) Surges 22% Amid Brave Browser Integration and Institutional Interest
Cardano’s ADA token has rallied 22% in the past week, establishing a trading range between $0.795 and $0.841 as investors balance profit-taking with strategic accumulation. The surge comes amid broader cryptocurrency market volatility driven by global economic uncertainties.
Two key developments are fueling ADA’s momentum: its inclusion in Grayscale’s Digital Large Cap Fund and integration with Brave browser’s wallet system. The Brave partnership alone exposes Cardano to over 86 million potential users worldwide, significantly expanding its addressable market.
On-chain analytics reveal growing institutional involvement, with large holders controlling between 100 million ADA tokens demonstrating increased activity. This institutional interest coincides with shifting investor sentiment across digital asset markets.
Cardano’s Hoskinson Advocates for Crypto Unity with Multi-Chain ’Glacier Drop’ Initiative
Charles Hoskinson, founder of Cardano, took a stand against crypto tribalism during his keynote at Consensus 2025 in Toronto. "Every Consensus, there’s a new token running around saying, ’my thing is better than your thing,’" he remarked, highlighting the industry’s competitive Nash equilibrium. His solution? A unprecedented airdrop spanning 37 million wallets across eight blockchains.
The initiative, dubbed ’Glacier Drop,’ will distribute tokens from Midnight—Cardano’s privacy-focused sidechain currently in development. First teased in late 2024, Hoskinson revealed expanded technical details emphasizing its multi-chain interoperability. The MOVE strategically positions ADA as a bridge between ecosystems while challenging maximalist narratives.
Cardano Unveils Midnight Update and Glacier Airdrop at Consensus 2025
Cardano founder Charles Hoskinson unveiled the privacy-focused Midnight sidechain and Glacier token airdrop at Consensus 2025, sparking renewed bullish sentiment around ADA. The developments signal Cardano’s push toward greater blockchain interoperability and user privacy protections.
The Midnight update positions cardano as a contender in privacy-preserving smart contracts, while the accompanying airdrop campaign aims to broaden ecosystem participation. Market observers note these innovations could catalyze ADA’s price momentum as institutional interest grows.
Hoskinson’s direct involvement in funding interoperability projects underscores Cardano’s ambition to become a cross-chain hub. The announcements come as competing LAYER 1 networks increasingly prioritize modular architecture and privacy features.
Cardano’s Hoskinson Rejects VCs, Announces Major Multi-Chain Airdrop to Unite Crypto Communities
Charles Hoskinson, founder of Cardano, took aim at venture capitalists during his keynote at Consensus 2025, dismissing them as participants in a "Ponzi" scheme. His critique came alongside the unveiling of the Glacier Drop—a sweeping token airdrop designed to bridge fractures in the crypto ecosystem.
The initiative will distribute tokens across 37 million wallets spanning eight blockchains, marking one of the largest giveaways in industry history. Hoskinson framed the move as an antidote to what he called "tribal warfare" among blockchain communities. "Every Consensus brings a new token claiming superiority," he remarked, emphasizing the need for collaboration over competition.
The airdrop is tied to Midnight, Cardano’s privacy-focused sidechain currently under development. While Hoskinson didn’t specify all participating chains, the scale suggests involvement from major networks beyond ADA’s ecosystem.
