Cardano is “head and shoulders” above Ethereum, Polkadot and other crypto assets in a single metric: Santiment

Cardano smart contract platform (ADA) is unmatched against other digital assets when it comes to a key metric, according to trading insights platform Santiment.

Saniment said based on submissions to software development hosting platform GitHub, Cardano has seen by far the highest level of development activity in the past 30 days.

“Cardano is above all other crypto assets on development activity.”

According to the crypto-analytics firm, Cardano saw 18% more GitHub development activity than Polkadot (POINT), which came second.

Cardano also outperformed the Cosmos Network interoperability blockchain (ATOM), which came in fourth place, while Ethereum (ETH), the second-largest crypto asset by market capitalization, came in at fifth place.

“The full list of the top 10 development activities, only considering notable GitHub commits:

1) Gimbal (ADA)

2) Dots (DOT)

3) Kusama (KSM)

4) Cosmos (ATOM)

5) Ethereum (ETH)

6) Internet Computer (ICP)

7) Status (SNT)

8) Decentralized (MANA)

9) Filecoin (FIL)

10) Vega Protocol (VEGA).

Previously said this intense development activity centered on a crypto project is a positive indication that could mean that developers believe the protocol will succeed or come up with new features. It also indicates that there is less possibility that the project is just an “exit scam”.

This is not the first time that Cardano ranks as the crypto project with the most development activity.

Earlier this year, Santiment documented that Cardano had checked in highest number of GitHub commits among crypto assets.

Cardano is changing hands for $0.31 at the time of writing, a gain of 1% in the last 24 hours.

Don’t miss a beat – Subscribe to receive crypto email alerts straight to your inbox

Check price action

follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Blend

Check the latest news headlines


Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any loss you may incur is your responsibility. The Daily Hodl does not recommend the buying or selling of cryptocurrencies or digital assets, nor is The Daily Hodl an investment adviser. Please note that The Daily Hodl engages in affiliate marketing.

Featured Image: Shutterstock/animedigitalartstudio

#Cardano #shoulders #Ethereum #Polkadot #crypto #assets #single #metric #Santiment #Crypto

Related Articles

Back to top button