One Ethereum (ETH) competitor shot to the top of the charts on Friday in terms of daily development activity on the development hosting platform GitHub.
The pseudonymous crypto analyst Bagsy shared a chart through the Twitter account ProofofGitHub indicating Cardano (ADA) was leading all other crypto projects in daily GitHub development activity.
ProofofGitHub is powered by the crypto analytics firm Santiment.
GitHub Daily Development Activity:
#1: 824 Cardano
#2: 618 Internet Computer
#3: 616 ChainLink
#4: 577 Polkadot / Kusama
#5: 562 Ethereum
#6: 456 Status
#7: 397 Filecoin
#8: 395 Cosmos
#9: 381 Optimism
#10: 358 IOTA pic.twitter.com/zSO2GKvFVL
— ProofofGitHub (@ProofofGitHub) February 24, 2023
Earlier this week, Santiment noted that Cardano ranked third among all crypto projects in terms of GitHub submissions over the past 30 days, behind interoperability blockchain Polkadot (DOT) and its sandbox Kusama (KSM).
The analytics firm notes that a high amount of development activity happening in blockchain ecosystems can signal that people believe in its future.
Input Output Hong Kong (IOHK), the development team behind Cardano, announced on Friday that the project’s networking team fixed P2P code issues and released updated network packages this week.
ADA is worth $0.365 at the time of writing. The seventh-ranked crypto asset by market cap is down more than 4% in the past 24 hours but remains up by 46% since the start of 2023 when it was trading around $0.25.
Despite the price recovery this year, ADA remains more than 88% down from its all-time high of $3.09, which it hit in September 2021.
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