Crypto Innovations: Cardano Surpasses Ethereum Again

The ADA crypto currently ranks 11th among the most valued cryptocurrencies in the market, far from its all-time high of $3.09 reached on September 2, 2021. However, other indicators show Cardano’s remarkable performance, especially in terms of development. This article explores how Cardano has surpassed Ethereum in a key category, illustrating its resilience and continuous growth despite a sluggish market.

Cardano surpasses Ethereum in development

In December 2023, Cardano was already again at the top of the Top 10 assets with ‘notable GitHub activities’. Eight months later, the blockchain behind the ADA crypto has recently made a spectacular leap in development activity rankings, even surpassing Ethereum.

According to a report from the decentralized data platform Santiment, Cardano is now ranked third among cryptocurrencies with the highest level of development activity, with an impressive score of 452.85.

🧑‍💻 Here are crypto's top overall coins by notable development activity the past 30 days. Directional indicators represent each project's ranking rise or fall since last month:

📈 1) @dfinity $ICP 🥇
📉 2) @hedera $HBAR 🥈
📈 3) @cardano $ADA 🥉
📉 4) @chainlink $LINK
📉 5)… pic.twitter.com/GAvbpVSben

— Santiment (@santimentfeed) August 6, 2024

This progress is the result of multiple ongoing development projects, including the renowned