The cryptocurrency industry is all about innovation and periodic progress. This ensures that the projects in the space keep up with new trends and the new demands of the community are met. In light of this, Cardano has become the most developed project in space, according to recent data.
Cardano is positioned as the most developed chain
A Santiment chart was recently revealed providing research results based on monitoring development activity on GitHub associated with several crypto projects in the industry. According to the chart, Cardano (ADA) tops the list with a development activity rating of 402.05.
Flow (FLOW) finished in second place with a score of 325.62. Polkadot (DOT) and Kusama (KSM) jointly secured third position with a footprint of 306.21 in development business. With a valuation of 286.17, Ethereum (ETH) is next on the list. The first-born crypto, BTC, appears to have been the last of the group, with a rating of 83.62.
Santiment periodically tracks GitHub activity associated with a cryptographic project to determine its level of development. The Santiment team believes that more development activity can mean three things: there is less chance that the project is a scam, the project is constantly introducing more features, and the team believes in the success of the project.
As some methodologies can be inefficient, Santiment takes a better approach, using certain factors such as the number of code pushes, the number of problem interactions, the number of open source repositories, etc.
Vasil Hard Fork of Cardano is around the corner
Development of the Cardano blockchain began in 2015 and was launched two years later by Charles Hoskinson. The team behind the project notes that the network aims to address the scalability and interoperability problems that plague industrial chains. Cardano has since become one of the leading chains in the space, with its native ADA token ranking seventh among the top 10 crypto assets by market valuation.
The Cardano team is relentlessly aiming to improve the network to achieve the desired goal, which explains the high development activity. The Cardano Vasil Hard Fork, designed to improve overall network scalability and performance, was due to launch by the end of the month, but was again delayed.
As of press time, ADA is trading at $ 0.53, having gained 1.6% in the past 24 hours.