Crypto insight platform Santiment, smart contract platform in 2021 Cardano (ADA) “development activity” that it is ahead of its time / leader in its field in terms of Ethereum (ETH) reveals what he left behind.
According to Santiment’s year-end report, the analytics firm tracked development data from thousands of public GitHub repositories to compile a list of the top 20 projects in terms of aggregate development activity for 2021.
Cardano (ADA) is at the top of the list, while its platform Polkadot’s canary network vomiting (KSM) following. Number three interoperable blockchain Polkadot (DOT) itself, while the leading smart contract platform Ethereum is in fourth place.
The data reveals that Cardano is leading and outpacing its competitors, not only in terms of overall development activity, but also in terms of daily active contributors to the Github repository.
Santiment says Cardano has topped the list with an average of 53 daily contributors to GitHub repositories over the past 12 months. Kusama and Polkadot are again second and third, followed by Ethereum (ETH) and Solana (SOL), one of the most successful ETH competitors.
While the market intelligence firm says its development activity has little impact on short-term market trends, it ultimately shows how successful a project can be in the long run.
“While it has little or no impact on short-term market trends, the development activity demonstrates the team’s month-to-month commitment to creating a working product, polishing and upgrading its features and whether the long-term roadmap is adhered to It is a rather underestimated indicator of project success.”
Cardano is trading at $1.34, down nearly 15 percent from a seven-day high of $1.58, according to data from CoinGecko.
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