Cardano outperforms major cryptocurrencies as ADA is the most developed cryptocurrency ⋆ ZyCrypto

The crypto industry is all about innovation and periodic improvements. This ensures that projects in space keep up with new trends and meet the new demands of the community. In light of this, according to the latest data, Cardano has become the most developed project in the space.

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Cardano is positioned as the most developed network

A Santiment Chart has recently been released that provides research results based on developer activity tracking on GitHub related to various crypto projects in the industry. According to the chart, Cardano (ADA) tops the list with a developer activity rating of 402.05.

Flow (FLOW) came in second with a score of 325.62. Polkadot (DOT) and Kusama (KSM) took third place together with a score of 306.21 in development activity. Next on the list is Ethereum (ETH) with a rating of 286.17. Cryptocurrency’s firstborn, BTC seems to have been the last of the group with a rating of 83.62.

Santiment periodically monitors GitHub activity related to a crypto project to determine its level of development. The Santiment team believes that higher developer activity could mean three things: the project is less likely to turn out to be a scam, new features are constantly being added to the project, and the team believes in the success of the project.

Because some methodologies can be inefficient, Santiment takes a better approach by using several factors such as number of code submissions, number of issue interactions, number of open source repositories, etc.

Cardano Vasil hard fork is just around the corner

The development of the Cardano blockchain began in 2015 and was launched two years later by Charles Hoskinson. The team behind the project notes that the network aims to address the scalability and interoperability issues faced by industry networks. Since then, Cardano has become one of the leading networks in the field, with its native ADA token ranked 7th in the top 10 crypto assets by market valuation.

The Cardano team is relentless in their efforts to improve the network in order to achieve their goal, which explains the high developer activity. The Cardano Vasil hard fork, intended to improve the overall scalability and performance of the network, was due to go live by the end of the month, but has again been delayed.

At press time, ADA is trading at $0.53, up 1.6% over the past 24 hours.

Denial of responsibility: Cardano Feed is a decentralized news aggregator that allows journalists, influencers, editors, publishers, websites, and community members to share news about the Cardano ecosystem. The user should always do their own research and none of these articles constitute financial advice. The content is for informational purposes only and does not necessarily represent our opinion.

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