Polkadot ($DOT) Becomes Top Crypto by Development Activity After Surpassing Cardano ($ADA)

Polkadot ($DOT) Becomes Top Crypto by Development Activity After Surpassing Cardano ($ADA)
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In particular, over the past 30 days, both ada and dot performed similarly, the first increasing by 43.2% and the last by 41%, according to cryptocompare .

Based on data shared by the healthcare chain analytics firm, Development activity of polkadot, with the one from his kusama pre-production network, during the past 30 days has been higher than that of the cardano intelligent contract platform.

Development activity, it’s worth noting, is a metric measuring the development activity in projects’ public GitHub repositories, and does not include private repositories’ work.

1) #Polkadot $DOT2) #Kusama $KSM3) #Cardano $ADA4) #Decentraland $MANA5) $SNT6) $ATOM7) #Filecoin $FIL8) #InternetComputer $ICP9) #Ethereum $ETH10) #Concordium $CCD pic.twitter.com/lwqDix1K6V— Santiment (@santimentfeed) January 24, 2023

An "event" refers to actions on the platform such as pressing a commit, creating a problem, creating an extraction query, switching the repository, and others.

A simple tally of total commits would not properly reflect the activity of a developer that created a fork, given that they would not be responsible for the work carried out by the originating team. With the metric "events" of healthfulness, a fork counts as an event.

While Cardano came in third place by development activity, the cryptocurrency led the ranking last year. While Cardano came third in development activity, cryptocurrency led the leaderboard last year.

It still dominates over the larger cryptocurrencies by market cap, including Ethereum ($ETH) and $NBB.

As cryptoglobe pointed out, polkadot has seen its number of active users increase by 300% in the cryptocurrency market last year rout. The main polkadot blockchain, called relay chain, does not support intelligent contracts. 

Other blockchain connected to it may support them. As a result, polkadot should become a growing cryptocurrency ecosystem that rivals other smart contract networks such as ethereum, the bnb channel, and more.

It was launched in 2020 and provides a number of technical functionalities that help it achieve its objective. DOT holders can stake their tokens to vote on network upgrades and help decide the future of Polkadot by actively participating in its governance, according to CryptoCompare.

Notably, over the past 30 days both ADA and DOT have had similar performances, with the first moving up 43.2% and the latter moving up 41%, according to CryptoCompare