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Cardano outperforms Apple, Nvidia, Tesla, and Microsoft in last 12 months

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Summary: ⚈ Cardano surged 71.39% in 12 months, outperforming Apple, Nvidia, Microsoft, and Tesla ⚈ ADA also beat Bitcoin and Ethereum, despite recent rallies in both assets ⚈ Only XRP outpaced Cardano among major cryptos, with a 320.92% yearly gain Thanks to a 9.05% 24-hour rally to $0.79, Cardano’s (ADA) price performance finally matches the activity explosion on its blockchain that saw a surge in active addresses and smart contracts in 2025. Despite the reputation Cardano’s middling fortunes in the cryptocurrency market have given ADA, the token has significantly outperformed the majority of the most popular investments in the equity markets over the last 12 months. ADA 1-year price chart. Source: Finbold Cardano outperformed most popular stocks in the last year Between May 9, 2024, and May 9, 2025, Cardano rallied 71.39% from $0.46 to $0.79. Within the same time frame, one of the most popular stocks in the world, Nvidia (NASDAQ: NVDA), rose 32.25% to $...

Nvidia hoax costs Hedera $1 billion in market value

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Distributed ledger cryptocurrency platform Hedera (HBAR) has suffered a massive capital outflow of almost $1 billion after it turned out that news of a collaboration with semiconductor giant Nvidia (NASDAQ: NVDA) was a hoax. The false report claimed that Nvidia was exploring ways to integrate Hedera’s technology for real-time verification of artificial intelligence-generated data.  Investors reacted swiftly, pumping HBAR’s market capitalization by about $2 billion and pushing the value to approximately $6.99 billion on April 8. However, when it emerged that the news was fake, Hedera’s market cap dropped back to $6.03 billion, a loss of $960 million, before settling at around $6.31 billion at press time. HBAR one-day market cap chart. Source: CoinMarketCap The false claim was initially circulated via a LinkedIn post, which quickly raised several red flags.  For instance, the LinkedIn account behind the post had only two prior entri...