Cardano Leading Bitcoin, Ethereum, Polkadot and Two Altcoins in One Metric: Analytics Firm Santiment

Cryptanalysis company Santiment is a decentralized blockchain platform Cardano (ADA) Outperforms some major competitors.

Data aggregator, according to new post Showcase Cardano’s impressive number of GitHub repositories are Layer 1 Developer Tools Flow (flow), Cross-chain interoperability protocol Polkadot (Dot) And related test net Kusama (KSM), And the major smart contract platform Ethereum (ETH).

“According to analysis of code pushes, problem interactions, etc., Cardano reigns as the most developed asset in cryptocurrencies.

Regular updates from the team are excluded to include only relevant developments. “

Just 3 weeks ago Santiment I got it The latest data showing that Cardano is maintaining momentum, the rapid pace of development on GitHub.

Valentin Mihov, Chief Technology Officer of Santiment explanation The importance of tracking GitHub activity in blog posts states:

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Developer time is a relatively expensive resource, and if many developers devote their time and skills to a particular project, that can mean a few things.

These people believe that the project will be successful and the project is shipping more features, [or] The project is less likely to be just an exit scam. “

At the time of writing, Cardano is riding a wave of widespread mid-week market rallies, up 8.62% in the last 24 hours and trading at $ 0.50.

Santiment also recently It pointed out Its distributed ledger XRP network (XRP) Has the most unique active address in almost two and a half years. Over the past week, a total of five significant network spikes have occurred.

“The XRP network has just hit a big milestone.

The number of unique addresses currently interacting on the network has exceeded 247,000 in just a four-hour window. This is the best spike ever recorded since February 2020.

The new XRP address created is stable. “

XRP is up 6% that day and has a market value of $ 0.35 at the time of writing.

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