– Cardano’s development activity dropped sharply over the last 30 days.

– Whales continue to accumulate ADA en masse.

Development activity is an important indicator to measure the health of a blockchain, with high values signaling a potential increase in adoption in the near term.

The Cardano [ADA] network’s development activity went downhill in the last 30 days, triggering concerns over the roll-out of upcoming features and enhancements on the proof-of-stake (PoS) chain.

However, in relative terms, Cardano stood out as it was the third-most actively developed network in the last 24 hours, as per Github data. Cardano’s development activity was significantly higher than that of the second-ranked crypto by market cap, Ethereum [ETH].

GitHub Daily Development Activity:

#1: 748 Polkadot / Kusama
#2: 520 Hedera
#3: 513 Cardano
#4: 507 Cosmos
#5: 506 Internet Computer
#6: 473 Status
#7: 449 Decentraland
#8: 410 Aptos
#9: 399 Ethereum
#10: 392 IOTA pic.twitter.com/Qv0rcqqdWl

— ProofofGitHub (@ProofofGitHub) April 14, 2023

Read Cardano’s [ADA] Price Prediction 2023-24

What’s the status of Hydra?

In the latest edition of its weekly development report, Cardano provided key updates regarding the network’s upcoming layer 2 scalability solution, Hydra

Go to Source to See Full Article
Author: Suzuki Shillsalot

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