- Cardano is strides ahead of any other crypto projects when it comes to development activity.
- DOT and KSM are among the top 5 crypto in terms of development activity.
- ADA is currently trading hands at $0.3136 after a 0.78% drop in price.
The on-chain market analysis firm Santiment took to Twitter on December 1 to share some numbers on Cardano (ADA). Developers from Cardano seem to be working hard on the project as according to Santiment data, Cardano is “head and shoulders” above any other crypto projects when it comes to development activity.
At the end of the post, Santiment added that the numbers on Cardano’s development activity that were provided by its Github tracking data did not include updates like Slack updates.
The other crypto projects in the top 5 Santiment development activity rankings include Polkadot (DOT) in second place, Kusama (KSM) in third position, Cosmos (ATOM) in 4th position, and Ethereum (ETH) in 5th place.
Data from the market tracking website CoinMarketCap indicates that ADA is currently trading hands at $0.3136 after a 0.78% drop in price over the last 24 hours, and after reaching a high of $0.3192 over the same time period. ADA is, however, still in the green by 0,51% over the last week.
ADA was able to strengthen against the crypto market leader Bitcoin (BTC) by 0.11% over the last day, but weakened against Ethereum (ETH) by 0.12%. Also in the red is ADA’s 24 hour trading volume which is currently standing at $205,971,583 after a more than 12% drop.
With its market cap of $10,798,276,649, ADA is currently the 9th biggest cryptocurrency in terms of market cap. This places the altcoin right behind Dogecoin (DOGE).
Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.
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.
