
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred when trading cryptocurrencies. Do your own research by contacting financial experts before making any investment decisions. We believe all content is accurate as of the date of publication, but some offers mentioned may no longer be available.
The Cardano (ADA) blockchain protocol has once again proven its prowess in relation to development activity in the Web3.0 world. According According to information shared by cryptoanalysis provider Santiment, Cardano is currently ranked as the most prominent blockchain network in terms of development activities, as measured by GitHub commits in the last month.
According to Santiment data, Cardano is currently ahead of other competing chains such as Polkadot (DOT) and Kusama (KSM), which occupy the second position. Other classified protocols include Hedera (HBAR), Vegan Protocol (VEGA), Chainlink (LINK), Status (SNT), DFinity (ICP), Cosmos (ATOM), and Ethereum (ETH).
Cardano has always presented itself as a protocol with a vibrant developer base. While some critics always point out Cardano’s claims, GitHub’s commits are proof of how strong and decentralized its developer base is. Other highly acclaimed protocols, including XRPL and Shibarium, did not appear in the latest rankings, a sign of how vibrant they were ranked.
Polkadot, for example, reported its actual GitHub commitments for the third quarter ending September 30 as one of the highlights of its growth during the period. As reported by U.Today, actual Polkadot GitHub commits totaled 49,000, complementing the current data from Santiment.
Translation of growth on Cardano
The Cardano protocol has been showcasing the work of its developers as always captured in key updates that are often shared weekly. From the tokens deployed to the work on Mithril, Hydra Head and Project Catalyst, the efforts of the developers resident in the Cardano protocol remain visible.
Despite these active activities by developers, there has not been much visible growth in the price of ADA. In addition to its price dropping 0.97% in the last 24 hours, ADA has faced a somewhat downward trend in different metrics, including its defeat by Solana (SOL) in the grayscale smart contract fund .