Cardano leads development activity this month, Polkadot and Kusama tied for second

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Cardano (ADA) is in the spotlight with the highest development activity over the past 30 days. Polkadot (DOT) and Kusama (KSM) are also on track, tying for second place in development activity.

On-chain analytics platform Santiment has published an article on X sharing insights into the top cryptocurrencies through development activity. Topping the list is ADA, followed by DOT, KSM, HBAR, APT, SNT, LINK, ATOM, ETH and VEGA.

Cardano has seen the highest development activity over the past month, with 502.57 Github commits. According to Santiment, the current record is a slight decrease from last month’s data, when ADA had 611.47 Github commits. However, ADA development activity has since surged compared to the previous months when ADA was only in third place.

Currently, Cardano is trading at $0.35, down 2.88% in a day. This altcoin has gained over 16% in the past seven days. Additionally, ADA has gained 34.7% in the past 30 days. ADA has a market capitalization of US$12.1 billion, ranking ninth.

Source: TradingView

DOT and KSM tied for second place, with 484.23 Github submissions. The price trajectory of these altcoins is in an upward mode, with DOT trading at $4.88 and KSM at $25.54.

Ranked third is Hedera (HBAR), with a Github commit volume of 353.67. Aptos (APT) and Status (SNT) follow with 338.77 and 335.87 Github commits respectively. Although Ethereum still maintains its status as the second largest cryptocurrency by market capitalization, Ethereum ranks 9th by development activity with 287.67 Github commits.

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Yatdori

According to Coinedition



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