Bitcoin Surges to $89000, Cardano Struggles, BlockDAG Network Offers a Fresh Approach

Bitcoin and Cardano have both held significant places in the crypto world, each with unique features. Recently, Bitcoin soared to $89,000

Bitcoin Surges to $89,000, Countering Cardano’s Woes

Bitcoin recently experienced a major surge, reaching $89,000 after a notable political shift in the United States. Donald Trump’s recent election win has shifted the landscape, bringing hope for a more crypto-friendly administration.

Fresh off the heels of a notable political shift in the United States, Bitcoin experienced a major surge, reaching $89,000. With this surge, BTC price countered the narrative of Cardano’s woes.

After a period of relative calm in the crypto market, Bitcoin price began 2025 with a bang, surging to $89,000. This surge was largely influenced by a wave of optimism surrounding U.S. regulatory policy, which had a hand in propping up Bitcoin throughout 2024.

However, as 2025 arrived, regulatory pressure eased, allowing Bitcoin to experience a period of growth.

A shift in the political landscape also contributed to Bitcoin’s success. Donald Trump’s recent election win raised hopes for a more crypto-friendly administration. His support for digital assets increased expectations for reduced regulatory pressure, potentially creating a more favorable climate for the entire crypto sector.

This positive sentiment encouraged market participants to predict a possible surge in crypto acceptance. Bitcoin’s upward trajectory was largely influenced by anticipation that Trump’s policies might foster a more welcoming environment for decentralized assets.

Cardano (ADA) was once a key player in the crypto world, ranked alongside Bitcoin and Ethereum, with a market cap approaching $100 billion. However, ADA’s glory days seem to be behind it.

Once upon a time, Cardano (ADA) basked in the top ranks of the crypto world, rubbing shoulders with Bitcoin and Ethereum and boasting a market cap of nearly $100 billion. But those days of grandeur have faded.

Cardano, the poster child of meticulous development and scientific approach, has seen its market cap dwindle to around $12 billion. To put this in perspective, ADA’s price has now slipped back to the levels it attained in 2018.

ThisGambas ADA price analysisもおもしろいと思うよ。 ADA price stalls as traders await key technical breakout.

Now, if we take a closer look at ADA’s price chart, we can see that the token has been trading sideways for the past few months. This consolidation period comes after a massive bull run in 2024, which saw ADA’s price surge by over 4,000%.

But despite the ADA price stalling, the token is still up by 120% year-to-date in 2025. And with ADA’s price currently sitting at around $0.44, it’s still a far cry from its all-time high of $3.10, which was reached in 2023.

According to forecasts from Coincodex, ADA’s growth potential is limited in the long run. The projections indicate that the price will likely follow Bitcoin’s halving cycles without any substantial gains.

But some critics within the Cardano community have a different take on ADA’s lackluster performance. They argue that the founder, Charles Hoskinson, has prioritized technical precision over adaptability, which has ultimately hindered Cardano’s ability to compete with other layer-1 projects.

And unless the project makes a strategic shift, ADA’s growth prospects may remain stunted.