Santiment, a company specializing in crypto analysis, stated that ADA maintains its position as the most developed digital asset.
Read CRYPTONEWSLAND onAccording to a tweet posted by Santiment earlier today, Cardano continues to see the most frequent development in the GitHub activity where the digital asset is followed by the Flow, Polkadot ($DOT), Kusama ($KSM), and Ethereum ($ETH).
GitHub’s activity may be an important indicator to consider when evaluating initial coin offerings (ICOs) and other cryptocurrency projects.
Cardano is a decentralized public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform that seeks to deliver more advanced features than any protocol previously developed. The platform is being constructed in layers, which gives the system the flexibility to be more easily maintained and upgraded over time.
The Cardano Vasil Hard Fork has increased the popularity of the coin. It has brought more people to try the benefits of cryptocurrency. The price of Cardano has the potential to rise as a result of the long-awaited Vasil Hard Fork, according to previous ADA hard fork events. In addition to this, Cardano will require a 10x goal given that ADA’s all-time high of $3.10 has been achieved in September 2021.
As earlier reported by CryptoNewsLand, Cardano (ADA) has been actively running for over 1760 days, which is relatively five years, without experiencing a downtime. This serves as proof that the blockchain project is one of the most stable networks in the crypto industry.
In other news, Cardano has maintained the top crypto ranking despite the market decline in the crypto market. The token has ranked as the eighth-largest cryptocurrency with a market capitalization of $15,963,699,689 USD.
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