Cardano (ADA) has jumped into the top 3 in cryptocurrencies with the highest developmental activities, surpassing even Ethereum (ETH), the top altcoin, and the second-largest cryptocurrency by market capitalization.
In an August 6 post on X (formerly Twitter), on-chain market intelligence platform, Santiment released updates about the recent shifts in development activities amongst the top cryptocurrencies. The decentralized crypto data platform has unveiled its rankings of the top cryptocurrencies, with the most notable development activities for the past 30 days. These rankings are based on a detailed analysis of the GitHub activity across project repositories.
Sentiment disclosed that Cardano has swiftly moved into the third spot among the top 10 cryptocurrencies with the highest developmental activity. The cryptocurrency surpassed Ethereum by a significant margin, achieving a score of 452.85 with a market capitalization of $12.05 billion.
Cardano Ranks Third In Highest Developmental Activity
Within the past few months, Cardano has been growing significantly, unveiling multiple developmental projects that have contributed to the advancement of its ecosystem. Some of the ongoing upgrades on its platform, includes the upcoming Chang hard fork set to improve the Cardano blockchain and transform its governance structure.
Dave, a Cardano development and DEX enthusiast, revealed in an X post that approximately 66.47% of blocks have been created on a Chang-ready node version, underscoring the imminent launch of the hard fork. The Chang upgrade is set to lap bring security and stability enhancements on the Cardano blockchain, bolstering the network’s resistance to potential attacks or vulnerabilities.
[Source: Bitcoinist]
