Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Cardano Dominates Developer Engagement with ADA Soaring 80%

Cardano Dominates Developer Engagement with ADA Soaring 80%

CoineditionCoinedition2024/03/25 21:31
By:Abdulkarim Abdulwahab
  • Cardano leads Ethereum, Avalanche, Algorand, and Tron in developer contributions.
  • Data shows Cardano developers pushed 23,248 GitHub commits since 2023.
  • ADA has seen an impressive rise of over 80% since last year, reaching a price of $0.6407.

Data from market intelligence firm IntoTheBlock has established Cardano (ADA) as the most actively developing crypto blockchain. In a recent post on X, IntoTheBlock disclosed that Cardano continuously leads the pack among blockchain networks in terms of developer engagement.

Per the disclosure, Cardano outranks Bitcoin (BTC), Dogecoin (DOGE), Avalanche (AVAX), Algorand (ALGO), and Tron (TRX) in developer activities. Moreover, Cardano outshines even the largest smart contract network, Ethereum .

Cardano is leading in developer activity amongst top L1s, consistently delivering the highest number of weekly commits. pic.twitter.com/gtYUIyeqRy

— IntoTheBlock (@intotheblock) March 18, 2024

Furthermore, the chart accompanying the tweet suggested Cardano’s cumulative developer contributions are above the 450k commits threshold. Meanwhile, Ethereum developers recorded below 442k commits. Next to Cardano and Ethereum was Avalanche (AVAX), with developer commits notably above the 162.75k threshold.

Meanwhile, data from Crypto Metheus ranked crypto project Internet Computer (ICP) above Cardano in developer engagements over the past year. It suggested that ICP leads with 23,742 GitHub commits across 80 core repositories since 2023. 

Cardano followed next with 23,248 GitHub commits across 550 core repositories during the same period. Moreover, within the last seven days, 55 core developers contributed 248 commits across 55 core repositories on GitHub for Cardano. 

While Cardano eminently leads other prominent blockchains, its current figures mark notable declines on weekly and monthly scales. Over the past week, there was a negative 43.38% change in the number of individual developers involved compared to the previous month. These developers made 624 commit contributions during the week, marking a decrease of 51.78% compared to the previous month.

The top repositories contributing to Cardano developments include Cardano Wallet, Hydra, Mithril, Catalyst, Marlowe, Cardano Ledger, and Plutus. 

In terms of price action, the increased developer activity on Cardano has likely contributed to ADA’s price surge. ADA has seen an impressive rise of over 80% since last year, reaching a price of $0.6407.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

MicroStrategy on track to own 4% of all bitcoin over next decade as Bernstein raises price target to $600

Analysts at Bernstein said MicroStrategy is on course to acquire 4% of the world’s bitcoin by the end of 2033, raising their end-of-2025 price target to $600.The analysts expect MicroStrategy to run through its $42 billion capital raise for bitcoin acquisitions within the next 18 months.

The Block2024/11/25 11:11

Today's popular MEME inventory

币币皆然2024/11/25 10:43