According to market intelligence platform Santiment, smart contract platform Cardano (ADA) stands out compared to other digital assets on one key metric.
Santimento To tell Based on submissions to the software development hosting platform GitHub, Cardano recorded the highest level of development activity in the last 30 days.
Cardano outperforms all other cryptocurrencies in development activity.
Cardano recorded 18% more GitHub development activity than second-placed Polkadot (DOT), according to the crypto-analysis firm.
Cardano also surpassed interoperable blockchain Cosmos Network (ATOM) to take fourth place, while Ethereum (ETH), the second largest crypto asset by market capitalization, took fifth place.
“Complete top 10 list of development activity, considering only notable GitHub commits:
1) Cardano (ADA)
2) Polka Dot (DOT)
3) Kusama (KSM)
4) Cosmos (ATOM)
5) Ethereum (ETH)
6) Internet Computer (ICP)
7) Status (SNT)
8) Decentraland (MANA)
9) Filecoin (FIL)
10) Vega Protocol (VEGA).
Former Santimento Said Extensive development activity around crypto projects is a positive sign that developers believe the protocol will either succeed or ship new features. It also indicates that the possibility of being a fraud is low.
This is not the first time Cardano ranks, as cryptocurrency projects have the most development activity.
Earlier this year, Santiment documented that Cardano had the most GitHub commits of any cryptocurrency.
Cardano is trading at $0.31 at the time of writing, up 1% over the past 24 hours.
Don’t miss a beat subscribe to get encrypted email alerts delivered straight to your inbox
Price action confirmation
Please follow us twitter, Facebook When telegram
Surf The Daily Hodl Mix
 

Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should exercise caution before making risky investments in Bitcoin, cryptocurrencies or digital assets. Please note that your money transfers and transactions are made at your own risk and you are responsible for any losses you may incur. The Daily Hodl does not endorse the buying or selling of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/animedigitalartstudio