Cardano Crowned Most Active Blockchain by Santiment
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Cardano (ADA) is unquestionably the most actively developing cryptocurrency asset, according to crypto intelligence portal Santiment. In the last 30 days, GitHub has seen more than 570 noteworthy developments related to the blockchain. This outcome is 18% better than Polkadot, Cardano’s closest rival in this race.
It is interesting to note that Cardano has a 35.5% advantage over Ethereum (ETH), which comes in fifth on this list as the blockchain with the most substantial development implementations. The overall number of daily development efforts is led by ETH, followed by Cosmos, while Cardano is in the third position.
According to GitHub, the Cardano node, which serves as a sort of aggregator for the rest of the system, receives the bulk of daily developer attention and work.
Cardano (ADA) Price Remains Blank
At first glance, it could appear that despite Cardano’s development efforts, the value of the native coin of the blockchain, ADA, remains devoid of price action.
Despite originally being the least affected by the fallout from the FTX crash, the price of ADA has in fact been declining over the past few weeks. The cryptocurrency, meanwhile, is currently losing ground against Bitcoin.
On the other hand, the fact that such a significant development has occurred is a huge boost for potential future successes. If you think about it, whether the token price has decreased by 85% or 90% from the all-time high in a bear market is irrelevant. What counts is what has been constructed in that dip.
It would be interesting to see if the price of ADA continues to react blankly to all “good news” coming out of the Cardano camp in the near term.
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