Cardano ADA Faces Technical Challenges in Glacier Airdrop for Ledger Users

Cardano's Glacier airdrop has encountered technical difficulties, particularly for Ledger wallet users, preventing them from claiming NIGHT tokens. The issue arises from a conflict between Ledger's 31-byte message-signing limit and Cardano's 251-byte CIP-8 verification requirement, a problem that has persisted since July without resolution. Charles Hoskinson, the founder of Cardano, has acknowledged the issue and is implementing a temporary fix involving null transactions with embedded claim metadata. This development highlights the ongoing challenges in interoperability between hardware wallets and blockchain protocols, potentially impacting user experience and adoption. Despite these hurdles, Cardano's commitment to resolving the issue demonstrates its dedication to ecosystem growth and user accessibility. As of August 2025, the community awaits a permanent solution to streamline future airdrops and transactions on the network.

Cardano's Glacier Airdrop Hits Snag for Ledger Wallet Users

Charles Hoskinson, founder of Cardano, has addressed technical hurdles preventing Ledger wallet users from claiming NIGHT tokens in the Glacier airdrop. The issue stems from Ledger's 31-byte message-signing limit conflicting with Cardano's 251-byte CIP-8 verification requirement—a problem reported since July but still unresolved.

A temporary solution involving null transactions with embedded claim metadata is being deployed. Despite these challenges, the Midnight ecosystem rollout continues, with over 120 million NIGHT tokens already claimed across eight participating chains.

Cardano Price Risks 25% Drop As Buyers Lose Momentum

Cardano's ADA faces mounting bearish pressure as its price struggles to hold above $0.74, marking a 7% weekly decline. Despite a 118% quarterly gain, weakening on-chain metrics and trader positioning suggest potential for further downside.

Exchange net outflows have slowed to $5.24 million as of August 4, signaling diminishing accumulation pressure. The Binance long/short ratio has dropped to 0.86, with 53% of traders now holding short positions - a concerning shift in market sentiment.

Technical indicators mirror this caution. The shrinking divergence between spot outflows and price action suggests weakening demand, potentially opening the door for increased selling pressure. Market participants are watching the $0.70 support level closely, as a breach could trigger the projected 25% correction.

Whales Bought The Dip: Is Cardano Price Set For $1.00 In August?

Cardano's price action has shifted bullish, with technical patterns signaling long-term optimism. ADA currently trades at $0.7283, up 0.37% intraday, as it consolidates NEAR key support levels. The 7-month falling wedge breakout in July and subsequent pullback suggest a potential parabolic move ahead.

EMA indicators reveal healthy support, with ADA hovering between the 20-day and 50-day bands. An ascending channel formation since April points to strong reaccumulation at current levels. Market watchers eye $1.00 as the next psychological target if momentum sustains.

Cardano's $71M Treasury Approval Sparks Bullish ADA Price Predictions

Cardano's ADA is showing renewed bullish momentum after a month of consolidation between $0.70 and $0.90. Technical indicators align with growing social sentiment and increased search interest, suggesting potential for a major trend reversal.

The catalyst comes from a landmark governance decision—the community approved spending 96 million ADA ($71M) from the treasury to fund network upgrades. Input Output Global's proposal passed with 74% support, marking Cardano's first community-funded Core development initiative.

Market observers note the funding injection coincides with improving on-chain metrics and developer activity. 'This isn't just a vote of confidence—it's proof of decentralized governance in action,' tweeted Input Output HK following the historic vote.