Cardano is the top project in development last month

The most developed project in the cryptocurrency industry in the last one month is Cardano (ADA), according to digital asset analysis firm, Santiment.

- Advertisement -

Cardano itself recently shared some of its most recent milestones, including more than 13,000 GitHub commits in June and further emphasized the importance of strong growth:

Statistics on Cardano’s Blockchain for June

Let’s take a look at what developer activity is and why it matters.

High development activity implies that:

  1. The project is serious about its business proposition.
  2. The project will probably offer new features in the future.
  3. It is less likely that the project is just a scam.

Development activity can be used to measure a project’s commitment to creating a functional product and continuously improving and upgrading its features.”

Outperformed against Polkadot and Solana

For its part, Sentiment, after retweeting Cardano’s tweet, highlighted Cardano’s impressive GitHub repository numbers last month compared to the decline in numbers from both Polkadot (DOT) and Solana (SOL).

“Cardano is showing continued impressive levels of growth activity each week, while Polkadot and Solana have been declining,” he said.

The latest data is an indicator of the positive flow around Cardano.

Previous Articles:

- Advertisement -

Latest News

Retail Investors Can Now Buy Tokenized Shares of SpaceX via Blockchain

Retail investors can now buy blockchain-based fractional shares in SpaceX through Republic. These digital tokens...

EU Commission Eases Stablecoin Stance, Calms Bank Run Concerns

The European Commission downplayed the risk of bank runs linked to stablecoins after concerns...

Iranian Hackers Launch AI-Driven Phishing Attacks on Israelis

An Iranian state-backed Hacking group targeted Israeli journalists, Cybersecurity professionals, and academics in a...

Nasdaq Integrates Canton Blockchain for 24/7 Collateral Management

Nasdaq has integrated blockchain technology from the Canton Network into its Calypso platform to...

Pepe Meme Coin Drops 4.7% as Investor Interest Fades Further

Pepe meme coin dropped 4.7% in value over the past 24 hours, trading at...

Must Read

7 Best Crypto To Invest In This Year

Investing in cryptocurrencies has become a popular way for people to diversify their investment portfolio and make potential profits.However, with so many cryptocurrencies available...