Bitcoin News Today: Cardano Outpaces Bitcoin as Chainlink Bridges Traditional and Digital Finance

ADA, the native token of Cardano (ADA), has demonstrated robust performance amid a broader crypto market downturn, outpacing Bitcoin and other major cryptocurrencies over recent months. In a notable development, Charles Hoskinson, the founder of Cardano, recently highlighted the altcoin’s strong growth trajectory, calling it one of the best-performing assets in the past year. According to Hoskinson, ADA’s price has surged by approximately 140% over the last 12 months, outpacing Bitcoin's 80% increase during the same period. This outperformance underscores Cardano’s rising significance in the crypto market, particularly as it continues to attract attention in the context of a new bull cycle.

Despite the overall bearish sentiment affecting the crypto market, ADA has maintained its upward momentum, outperforming several major cryptocurrencies over the last 90 days. According to recent data from TapTools, ADA achieved over 24% gains during this period, outpacing Dogecoin (DOGE), SUI, Bitcoin (BTC), and Tron (TRX), which recorded gains of 15.56%, 8.10%, 7.36%, and 24.15%, respectively. This continued outperformance, particularly in comparison to Bitcoin, has led some market analysts to reevaluate Cardano’s positioning in the broader cryptocurrency ecosystem.

Cardano’s recent performance is attributed to a combination of factors, including increased on-chain activity and the network’s evolving governance model. With over 108,000 BTC, or $13 billion at current prices, raised to develop the Cardano platform since its inception in 2017, the project has shown substantial long-term potential. Hoskinson emphasized that Cardano’s growth has not only surprised the market but also reshaped expectations regarding blockchain innovation and asset performance.

Meanwhile, Chainlink (LINK), another prominent player in the crypto space, has seen its price stabilize above $20, signaling the potential for further gains. Recent developments involving Chainlink include a strategic partnership with the U.S. Department of Commerce, which has brought key U.S. macroeconomic data onchain. This initiative introduces six critical data points—such as Real GDP, the PCE Price Index, and Real Final Sales to Private Domestic Purchasers—into the blockchain ecosystem, enhancing transparency and enabling a range of new financial applications. These data feeds are being made available across 10 major blockchain networks, including Ethereum, Arbitrum, and Optimism, with more expected to follow based on user demand.

The integration of government macroeconomic data into blockchain networks highlights Chainlink’s growing role in bridging the gap between traditional financial markets and decentralized systems. As noted in the White House’s recent Digital Asset Report, Chainlink is recognized as critical infrastructure for powering stablecoins, tokenized funds, and onchain economies. This collaboration with the U.S. government underscores the broader acceptance of blockchain technology and its potential to transform how financial data is accessed and utilized.

Looking ahead, the combination of Cardano’s strong fundamentals and Chainlink’s expanding utility positions both projects as key players in the next phase of the crypto market cycle. While ADA currently trades near $0.81 and faces short-term volatility, its long-term trajectory appears to align with broader market trends. Similarly, Chainlink’s price stability above $20, supported by its expanding infrastructure and regulatory engagement, suggests further upside potential as the market continues to evolve.

Source: [1] Cardano Founder Publicly Declares ADA “The Best- (https://www.mitrade.com/insights/news/live-news/article-3-1096130-20250904) [2] U.S. Department of Commerce and Chainlink Bring (https://blog.chain.link/united-states-department-of-commerce-macroeconomic-data/)