Cardano overtakes Stellar after 30% rally
Cardano (CRYPTO:ADA) climbed approximately 30% over the past seven days, overtaking Stellar (CRYPTO:XLM) in cryptocurrency market rankings after recovering from a period of weaker price performance.

Finance journalist at Grafa with years of experience covering Asia-Pacific financial markets at S&P Global, Mortgage Ezy, and GMA Network.
Cardano (CRYPTO:ADA) climbed approximately 30% over the past seven days, overtaking Stellar (CRYPTO:XLM) in cryptocurrency market rankings after recovering from a period of weaker price performance.
Spenda (ASX:SPX) raised approximately $1.1 million through the retail component of its accelerated entitlement offer.
Peter Brandt, a veteran commodities trader, said he is considering selling part of his Bitcoin (CRYPTO:BTC) holdings and reallocating the proceeds into gold after identifying what he believes is a technical reversal favouring the precious metal.
Property group Dexus (ASX:DXS) reported an estimated $24 million decline in book values as property sector conditions fluctuated.
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AuMEGA Metals (ASX:AAM) appointed Rafael Gradim as president effective Aug. 1 to oversee its Canadian exploration projects.
Kalshi recorded a record US$9.4 billion in trading volume during June, up from about US$5.3 billion in May, as the expanded 2026 FIFA World Cup increased activity across sports prediction markets.
Prime Minister Anthony Albanese defended federal budget changes to capital gains tax and negative gearing.
Bitcoin (CRYPTO:BTC) has underperformed the US stock market so far in 2026, even as equities have reached successive record highs, prompting debate among asset managers over whether the divergence will persist.