the blockchain Cardano (ADA) has once again led data on development activity in the cryptocurrency market. A survey released by the Santiment platform on January 22 revealed the 10 best cryptocurrency projects by GitHub development activity in the last 30 days. Active assets with greater development tend to outperform within the crypto market.
The podium during 2023 was with the projects Kusama (KSM), Polkadot (DOT) and Cardano (ADA) which alternated in the lead, but did not leave the top 3 best crypto projects by monthly development activity this year. At the beginning of 2024, Cardano returned to shine leading the metric.
Why is this data important? Data is important because it reveals the best cryptocurrency projects that can generate profits and huge returns for investors. The development of the network is something essential for each ecosystem, suggesting its growth and possible future fruits.
Therefore, check out the complete list of GitHub's main cryptocurrency development activities in the last 30 days: Cardano (ADA); Polkadot (DOT); Kusama Network (KSM); Optimism (OP);Ethstatus (SNT); Hedera (HBAR); Cosmos (ATOM); Internet Computer (ICP); Chainlink (LINK) on Ethereum; Ethereum (ETH)).
🧑💻 Here they are #crypto's top coins by development activity. Notable #github commits past 30d:
1 @cardano $ ISLANDS
T2 @polkadot $ DOT
T2 @kusamanetwork $ KSM
4 @optimismFNP $OP
5 @ethstatus $SNT
6 @hedera $HBAR
7 @cosmos $ ATOM
8 @dfinity $ICP
9 @chainlink $ LINK
10 I @ethere $ ETH pic.twitter.com/zhN01674ag- Santiment (@santimentfeed) January 22, 2024
At the time of publication, the cardano price it was quoted at US$ 0,4549, down 7.8% in the last 24 hours. Over the past seven days, the cryptocurrency has fallen 15.1%.
Cardano sees impressive network growth and activity in early 2024
2023 was an important year for the blockchain Cardano (ADA) given its growth and evolution. 2024 has barely started and the network has already started the year on a high note. In a recent weekly development report, the document reveals that blockchain has gained more user adoption since the beginning of 2023.
It is worth noting that, recently, a Cardano enthusiast, Chris O, shared impactful statistics, highlighting the significant evolution of the network between January 13, 2023 and January 12, 2024. This period witnessed a significant increase in engagement, adoption and functionality by part of users.
