Cardano (ADA) Ranks High In List Of Top Ten Crypto Assets Based On Development Activity

A newly surfaced list by Santiment ranks Cardano (ADA) high in the list of the top ten most developed cryptocurrencies per developmental growth in the past month.

In the wake of a bearish crypto market outlook that seems to be frustrating the development of most crypto projects, Cardano’s development team has proven dependable, as highlighted by the multiple actions recorded by the blockchain.

Amid these efforts to improve the chain, Cardano has earned a high ranking in the list of blockchains with the most increased development activity in the past month, according to Santiment, a renowned crypto analytics platform with the platform taking to X to relay its findings to its teeming followers.

🧑‍💻 Top 10 #crypto assets by development activity: notable #github commits, past 30 days:

T1 @Polkadot $DOT
T1 @kusamanetwork $KSM
3 @Cardano $ADA
4 @hedera $HBAR
5 @chainlink $LINK
6 @dfinity $ICP
7 @ethstatus $SNT
8 @AptosLabs $APT
9 @vegaprotocol $VEGA
10 @cosmos $ATOM pic.twitter.com/n1ZRrKsBVe

— Santiment (@santimentfeed) August 14, 2023

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An Insight Into Cardano’s Evolution

According to the above tweet, Cardano ranks third in the standings, two spots below Polkadot (DOT) and Kusama Network (KSM).

Notable Cardano developments in the past month include the launch of a new explorer in the open beta phase and an update to Cardano’s Daedalus wallet, solving several bugs that have hindered the smooth operations of the app.

The new Cardano explorer affords ADA enthusiasts new features like staking lifecycle – a novel characteristic using live data to illustrate core blockchain concepts visually and composing reports – a way to generate downloadable information about the activity of either stake addresses or stake pools.

🧑‍💻 Top 10 #crypto assets by development activity: notable #github commits, past 30 days:

T1 @Polkadot $DOT
T1 @kusamanetwork $KSM
3 @Cardano $ADA
4 @hedera $HBAR
5 @chainlink $LINK
6 @dfinity $ICP
7 @ethstatus $SNT
8 @AptosLabs $APT
9 @vegaprotocol $VEGA
10 @cosmos $ATOM pic.twitter.com/n1ZRrKsBVe

— Santiment (@santimentfeed) August 14, 2023

Aside from the earlier mentioned three cryptocurrency projects making up Santiment’s list, others include Hedera (HBAR), Chainlink (LINK), Internet Computer (ICP), Status (SNT), Aptos (APT), Vega Protocol (VEGA), and Cosmos Hub (ATOM).

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• Source: https://thecryptobasic.com/2023/08/16/cardano-ada-ranks-high-in-the-list-of-top-ten-crypto-assets-based-on-development-activities/?utm_source=rss&utm_medium=rss&utm_campaign=cardano-ada-ranks-high-in-the-list-of-top-ten-crypto-assets-based-on-development-activities