The crypto industry is all about innovation and periodic progress. This ensures that projects in the space are caught up with new trends and novel demands by the public can be met. In light of this, Cardano has emerged as the most developed project in place, according to the latest data.
Cardano positions itself as the most developed chain
Santiment charts provide research results based on tracking development activity on GitHub related to different crypto projects in the industry recently revealed. According to the chart, Cardano (ADA) tops the list with a development activity mark of 402.05.
Flow (FLOW) is in second place, with a mark of 325.62. Polkadot (DOT) and Kusama (KSM) jointly secured the third position with a score of 306.21 in development activities. With a mark of 286.17, Ethereum (ETH) comes to the list. The oldest crypto, BTC, appears to be the last of the group, with a mark of 83.62.
Santiment periodically tracks GitHub activity associated with crypto projects to determine their progress. The Santiment team believes that higher development activity can mean three things: the project is likely to be a scam, the project is regularly introducing more features, and the team believes that the project is a success.
Since some methodologies can be ineffective, Santiment uses a better approach, using several factors such as the number of code pushes, the number of issue interactions, the number of open source repos, etc.
Cardano’s Vasil Hard Fork is just around the corner
The development of the Cardano blockchain began in 2015 and was launched two years later by Charles Hoskinson. The team behind the project noted that the network aims to solve the problems of scalability and interoperability that plague the chain in the industry. Cardano has since become one of the top chains in the space, with its original token ADA sitting in 7th place out of the top 10 crypto assets by market capitalization.
The Cardano team is constantly aiming to improve the network to achieve the desired goals, this explains the high development activity. Cardano Vasil Hard Fork, set to improve network scalability and overall performance, is scheduled to launch at the end of the month but has it’s late again.
At press time, ADA is trading at $0.53, having gained 1.6% in the past 24 hours.