Cardano overtook Polkadot and Kusama as the network with the largest development activity in the past 30 days. On the other hand, the native token ADA isn’t doing very well. Many people, especially Ethereum enthusiasts, often mock the Cardano network for being a ghost network. Its performance isn’t up to par, but it looks to be making some progress in this blockchain metric. Apparently, this increase in performance helped it beat Polkadot and Kusama in the number of developmental activities. Cardano Surpasses Polkadot and Kusama in this Blockchain Metric Something happened in the crypto market which looks underrated. Maybe because the blockchain achieving this milestone is often taunted as a ghost blockchain. Apparently, Cardano continues to work behind the scenes to end the chants of being a ghost network in the crypto industry. It is doing this by increasing its developmental activity, surpassing many major networks such as Polkadot and Kusama. Apparently, Polkadot and Kusama held the positions in both the first and second positions. But in the last few days, Cardano had a very impressive run in increasing its developmental activity to new levels. It reached an impressive count of a whopping 500 points. On the other hand, Polkadot and Kusama managed to get a combined score of 493. This is quite impressive as it shows how much developers like carrying out their activities on the Cardano network. So, this is despite the falling price of its native token, ADA. Note that the developmental activity in this case is in regard to the past 30 days. Nevertheless, Cardano isn’t showing any signs of decline yet. Credit Goes to the Cardano Team for Beating Polkadot and Kusama Cardano developmental team gets the credit for the recent achievement on the network. Apparently, the team had a year of many activities. With the launch of the Mithril Mainnet Upgrade, the number of developmental activities on the platform increased. Cardano is a network invested in making the blockchain better by improving scalability. So, they are trying to be a better blockchain than proof-of-work and even some other proof-of-stake networks. However, their recent upgrades encouraged developer activity on the network, as shown in the latest data. ADA Price Update
Coinmarketcap While the Cardano network reaches new heights, the native token isn’t having a good performance in the market. In fact, for many weeks, the price is rather a disappointment for many holders. At the time of writing, ADA’s price is hovering around the $0.25 range. Furthermore, this represents a more than 1% decline in the past 24 hours. In the weekly charts, ADA is down by more than a 2% decline. However, it gets worse with the monthly price charts with more than a 15% decline. Conclusion The Cardano network is trying to work out a win for itself in many different metrics. Apparently, one of them is the increasing developmental activity on the network. More developers are building on the Cardano network, and it is showing. So, they recently beat Polkadot and Kusama in increased developmental activity. You have Successfully Subscribed!
Source : [ADA Surpassed Polkadot and Kusama in this Blockchain Metric](news.google.com/rss/articles/CBMiZ2h0dHBzOi8vY3J5cHRvbmV3c2J5dGVzLmNvbS9hZGEtc3VycGFzc2VkLXBvbGthZG90LWFuZC1rdXNhbWEtaW4tdGhpcy1ibG9ja2NoYWluLW1ldHJpYy9jcnlwdG9jdXJyZW5jeS_SAQA?oc=5) undefined - cryptonewsbytes.com / August 28, 2023