- A popular smart contract platform has become the top crypto project in terms of development it has experienced last month, according to Santiment data.
Analytics firm Santiment, decentralized blockchain platform Cardano (ADA) announced that it is the most advanced crypto project according to last month’s data.
While discussing the importance of robust development for crypto projects, Cardano recently shared some of the latest project milestones, including more than 13,000 GitHub commits in June.
“June On-Chain Cardano Statistics
Someone [Santiment] Did he say Cardano was the best project in terms of development activity in the last 30 days?
Let’s take a look at what developer event is and why it’s important…
High development activity means:
1. The project is serious about the job offer.
2. New features will likely be added to the project in the future.
3. The project is less likely to be just an exit scam.
The development activity can be used to evaluate a project’s commitment to creating a working product and continually polishing and upgrading its features.”
After retweeting the Cardano tweet thread, Santiment is both a cross-chain interoperability protocol. Polkadot (DOT) as well as smart contract platform from Solana (LEFT) Compared to the numbers coming in, we also saw Cardano’s impressive GitHub repository numbers last month. stressed.
“Cardano continues to show incredible levels of growth on a weekly basis, while Polkadot and Solana lag behind.”
The latest statistics are a positive sign of Cardano’s momentum. A month ago, Santiment noted the platform’s outstanding development rate on GitHub.
Analyst expects over 33 percent rally in Cardano
Michaël van de Poppe, a prominent crypto analyst and trader, evaluated the Cardano price chart and predicted a 33.45 percent rally in the popular altcoin towards the $0.64 level. The analyst believes that Cardano price could hit the two upside targets at $0.55 and $0.64 in the current uptrend.
According to CoinGecko data, Cardano, which has increased by more than 3 percent in the last 24 hours, is at $ 0.47 at the time of writing.
You can check the price movements here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.