Guy Fawkes 
What’s interesting today? We know Bullish Exchange has been making headlines with its stock launch on the NYSE. Bitcoin is breaching its ATH, but such sleeper coins, both HYPE and ADA, are taking the crown for crypto top gainers.
Cardano jumped, climbing 15% to settle at 95 cents. Grayscale’s ETF filings are likely one of the main reasons for its pumps. On the other hand, Hyperliquid, with its HYPE, followed suit, up six percent toward $48, squeezing shorters.
All eyes have been on 
ETH ▼-5.78%
, 
SOL ▼-5.93%
, and 
BTC ▼-4.17%
, but 
ADA ▲0.33%
, HYPE , and even 
BNB ▼-2.02%
are making big moves unexpectedly. These moves always happen in every cycle when smaller coins chase Bitcoin’s lead.
EXPLORE: Best New Cryptocurrencies to Invest in 2025 Besides Solana
Ethereum Closing in on ATH, BTC Already at ATH, ADA and HYPE Records Double-Digit Gains
Ethereum sits at above $4,700, just three percent shy of its peak in 2021, and is expected to breach it soon. ETH ETF inflows hit two billion this week, rocketing the altcoins market.
With Bitcoin steady above 120 grand, capital shifts are forcing the altcoin phase like every cycle.
As expected, Bitcoin dominance dipped to 59 percent and is going down as funds rotate into smaller-cap alts. The Altcoin Season Index has also climbed to 41, up sharply from last month’s lows. The altcoin show is just about to begin, if not already rolling.
Cardano’s rally, although tied to ecosystem growth, the Grayscale ETF has pushed ADA to an unexpected height, all while Charles is doing all his meditations.
Hyperliquid thrives on zero-gas trades, drawing liquidity like a magnet in perpetual trading, especially with support from crypto wallets such as Phantom.
(HYPEUSD)
Ethereum with its strength as usual, has pulls others along, with Layer-2s fees keep dropping and TVL nearing records high. 5K is not a distant dream for Ethereum, and even some say $10K is a possibility this year.
It is a fact that the current ETH setup recalls past bull run where ETH broke first. Once not if, BTC dominance slips below 55 percent, altseason will accelerate, targeting 100 percent gains in some tokens, even thousands of percent gains in smaller cap.
As now, Cardano is eyeing another pump, and Hyperliquid targets $70. And Ethereum might top $7K by year-end with BTC going $130K.
Sustained inflows on altcoins are keeping the fire lit, and bigger waves are coming.
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Analysts Forecast $225 Solana
After Ethereum, we will likely see a Solana surge next. Why? Well, the SOL USD price has broken past the $200 mark following news that Coinbase is partnering with Squads Protocol to drive USDC adoption across the blockchain. The announcement highlights a push to make Solana a leading home for stablecoins, with Squads already securing over $1 billion in USDC and processing more than $5 billion in stablecoin transactions.
This boost in infrastructure comes as Solana remains the fourth-largest blockchain by stablecoin supply, with USDC representing 75% of its $11.17 billion stablecoin market cap. The market responded quickly: SOL gained more than 5% in 24 hours, edging close to the $210 resistance zone. Bearish PPI numbers crashed the whole market and now Solana is trading around $193.
If SOL USD can reclaim and maintain support at the $200–$210 range, it could make a run toward the $225 resistance level.
Read the full story here.
And.. Crypto Is Backing Up, What a Reversal
Looks like crypto is backing up. Ethereum is back to $4,700 just now after that massive dip to $4,300 a few hours ago. On the other hand, Bitcoin is back to $119K after a crazy dip to $117K.
Major coins like SOL, BNB, and HYPE also experienced dips, but they seem to be trying to stabilize closer to the price before the crash.
Crypto is back, and the bull run is resuming.
Big Crypto Dip on PPI News
Massive 15-minute red candles were seen on the global crypto market just shortly after the PPI news. The 3.3% PPI number dragged the whole market down, especially since everyone was expecting a number as low as 2.5%.
It has flushed top longers, with billions taken away from the market.
DISCOVER: Best Meme Coin ICOs to Invest in Today
Tron Founder Justin Sun Sues Bloomberg Over Crypto Asset Disclosure
In other news, a big headline comes from Tron’s founder Justin Sun. Sun filed a lawsuit on 11 August 2025 in the US District Court for the District of Delaware, claiming Bloomberg’s disclosure of his crypto holdings undermines his privacy and could potentially put him and his family at risk.
According to Sun, Bloomberg approached him earlier this year to include him in its online Billionaires Index, where it ranks some of the world’s richest individuals.
Sun claims that he only agreed to participate after Bloomberg assured him that they would keep all asset disclosures, particularly the ones tied to his crypto holdings, strictly confidential and would use them solely to verify his net worth.
Read the full story here.
The post ADA and HYPE Record Highest Crypto Gain Today: Altcoins Season Coming as ETH Nears ATH appeared first on 99Bitcoins.
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