Citing years of steady price growth, Hoskinson highlighted that Cardano’s long-term performance has changed expectations in the digital asset industry. Over the past 1 year, the founder revealed that ADA has outperformed BTC by approximately 40%.
Even though a significant portion was raised to build the altcoin, it outperformed Bitcoin by more than 200% since it was launched in 2017. Given that ADA has outpaced BTC, which remains the crypto king, the founder has called ADA the best-performing asset of all time.
Within the period, the altcoin recorded over 24% profits despite the ongoing bearish sentiment in the sector. Meanwhile, DOGE, SUI, BTC, and TRX have risen by 15.56%, 8.10%, 7.36%, and 24.15% respectively, in the same period.
At the time of writing, ADA was trading at $0.81, displaying a nearly 2% decline in the last 24 hours. ADA’s decline may be due to its negative trading volume, which is demonstrating a more than 30% drop in the last day.
