A Rival to Ethereum (ETH) Is Dominating Everyday Development Activity on GitHub Amid a Storm of Fresh Enhancements

On Friday, a rival to Ethereum (ETH) surged to the top of the rankings for daily development activity on the hosting site GitHub.

Using the Twitter handle ProofofGitHub, the pseudonymous crypto analyst Bagsy released a graphic demonstrating Cardano (ADA) led all other crypto projects in daily GitHub development activity.

ProofofGitHub is powered by Santiment, a crypto analytics company. Santiment reported earlier this week that Cardano placed third among all crypto projects in terms of GitHub contributions over the previous 30 days, behind only interoperability blockchain Polkadot (DOT) and its sandbox Kusama (KSM).

The analytics company says that a high level of development activity in blockchain ecosystems may indicate that individuals are optimistic about the technology’s future.

Cardano’s development team, Input Output Hong Kong (IOHK), said on Friday that the project’s networking team has resolved P2P code bugs and published revised network packages this week.

ADA is now worth $0.365 per unit. The seventh-ranked crypto asset by market capitalization is down more than 4% in the last twenty-four hours but is up 46% since the beginning of 2023 when it was trading at $0.25.

Despite the price rebound this year, ADA is still more than 88 percent below its September 2021 all-time high of $3.09.

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