Aside from a few impressive but relatively brief upticks during the late 2024/early 2025 rally, Cardano’s native token has mostly underperformed in the last cycle. While many other large-cap altcoins, alongside the market leader, managed to break their previous all-time highs last year, ADA remained far from such a feat. Its subsequent decline was also quite painful, as it now trades over 90% below its record price seen in 2021. It’s also out of the top 10 alts by market cap, slipping to the 15th spot on CoinGecko.
