Top Crypto Gainers Today, August 14 – Cardano, Arbitrum, Raydium

Highlights:

• Cardano, Arbitrum, and Raydium lead the top crypto gainers today with huge double-digit surges.
• ADA eyes $1.50 after breaking key resistance with growing bullish sentiment.
• RAY’s token buybacks and high trading volume fuel its steady climb.

The crypto market today is on a solid bull run, with Bitcoin hitting a new all-time high, pushing the global market valuation to $4.14 trillion. The altcoins are booming, too, as Ethereum trades slightly below its highest mark. Following this robust bullish momentum, the fear and greed index has reached 68 levels, indicating a greed sentiment in the market. In the section below, let’s take a look at the top crypto gainers today, including Cardano, Arbitrum and Raydium.

Top Crypto Gainers Today

1. Cardano (ADA)

Cardano has emerged as the best crypto gainer today after recording a 19% surge over the past 24 hours. ADA surged from an intraday low of $0.8454 and breached the $1 level mark, a level last seen in late February. As of this writing, ADA is resting at around $0.9880 with a market cap and trading volume of $35 billion and $4 billion, respectively.

The bullish activity in Cardano is building up ahead of a key resistance zone. According to market analyst Ali Martinez, a potential breakout setup has risen, with ADA experiencing a consistent increase within a wide-ranging downward channel. Based on his analysis, the key level to observe is his $0.94, which is the 0.618 Fibonacci retracement and mid-range resistance. Breaking above that level would put a move higher into perspective.

Cardano $ADA is on the verge of a breakout to $1.50! pic.twitter.com/k1AzNfKeaw

— Ali (@ali_charts) August 13, 2025

Moreover, Martinez indicates that after ADA gains strength above 0.94, the targets could soon reach $1.20. This level coincides with the 0.786 Fibonacci level, which has historically been an area where a bullish continuation will find support. Should the buying volume favor the direction, then ADA may rally up to $1.50, aligning with the 1.272 Fibonacci projection.

2. Arbitrum (ARB)

Arbitrum is riding on a bullish wave, gaining 14% in the last 24 hours and almost 40% in the previous week. The token is currently trading at $0.5441 and has pushed its market cap to $2.80 billion, while the 24-hour trading volume increased by 150% to $1.48 billion. This rally is part of the increasing ecosystem confidence and strategic growth that has ignited investor interest. 

The recent price rally of Arbitrum is a part of a trend of recovery within its ecosystem. The GMX platform concluded a $44 million reimbursement scheme for wallets that were affected by a vulnerability in July. The attack involved GMX stopping GLP trading on both Arbitrum and Avalanche.

GMX has successfully completed its ~$44M Distribution Plan for $GLP holders on Arbitrum affected by the recently disclosed V1 vulnerability.

Eligible wallets can now claim via the GMX dApp.

🧵 Read the details below:

1/7 pic.twitter.com/wCMUTec6Lo

— GMX 🫐 (@GMX_IO) August 13, 2025

Meanwhile, Offchain Labs acquired ZeroDev, which provides smart accounts to enhance the developer tools. This move indicates an increased push towards infrastructure development. These developments collectively have boosted investor confidence and added momentum to the overall growth of the network.

3. Raydium (RAY)

Ray is currently trading at $3.83, with an increase of 12% in the past 24 hours. The trading volume also surged to $216 million in the period, a gain of 60% over the previous day. The price has increased by 37% over the last week, ranging between $2.57 and $3.56.

Raydium registered more than $40 billion in July trading volume, marking a considerable increase compared to the previous month. The protocol revenue amounted to $18.3 million, showing growing demand and an increase in user activity. The DEX also performed token buyback transactions worth $5.7 million, burning 3.45 million $RAY. This reduction in supply, despite the low levels of emissions, has increased pressure on the recent rise of the token.

Raydium is on a tear. July numbers just dropped and they’re massive.

– Over $40B in trading volume for the month, marking a sharp MoM surge
– $18M+ in protocol revenue, showing real fundamentals behind the growth
– With a whopping $5.7M in programmatic $RAY buybacks, tightening… pic.twitter.com/kgvM0os1OZ

— Maya 💙💛 (@Mayacrypt) August 11, 2025

In addition, Raydium has earned deep liquidity in 233+ perpetual contracts, surpassing platforms such as Hyperliquid and GMX. During July, Solana volumes increased by 56%, with nearly 32% of it flowing through Raydium. Raydium is still expanding its market presence with the imminent Q3 upgrade of Firedancer.