Cardano showed top-ranked crypto Developer activity: Santiment

According to a report, the Cardano project grabbed the top level in the crypto industry in terms of higher Crypto Development work.  

Cardano is a 6th ranked crypto project in this crypto industry. Cardano Blockchain network is working on the Proof-of-stake Consensus. The Developer team of the Cardano project is known to work on crypto & blockchain-related development work instead of different types of marketing strategies. 

Crypto analytics firm Santiment published a report on the crypto Developer activity rank of crypto projects like Ethereum, Gnosis, Solana, Polkadot, Cardano, Kusama, etc. 

Santiment found that Cardano is at top of the list of top crypto projects. Over the last year, Cardano did huge numbers of development work. After that Kusama and Polkadot are at second place. 

Kusama is a pre-production crypto project of Polkadot, which provides a real ecosystem to facilitate experiments on the crypto projects just like testnet. 

At the third number, there are only 3 crypto projects, these are Ethereum, Gnosis, and Solana. The top 20 list includes Cosmos, Elrond, IOTA, Flow, Celo, Chainlink, and Decentraland. 

Developer crypto activity is measured through the project’s public GitHub repository. GitHub is currently the best platform for every code Developers’s community, whether it is crypto or non-crypto. 

Santiment noted that all the Development works have no impact on the short-term based success, the majority of the development works showed indication of long-term success. 

“(Crypto Developer activity) quite an underrated indicator of project success, as it demonstrates the team’s month-to-month commitment to creating a working product, polishing and upgrading its features, and staying true to the long-term roadmap.”

Santiment also clearly mentioned in their report that they excluded all the development activities of these crypto projects, which are not available in the GitHub public directories. Because the majority of the crypto projects did their separate development works besides the actual roadmap to fix additional things. 

“(some projects) show inflated development activity just by discussing what they are going to build without actually building it.”

Read also: Italian private bank will allow Bitcoin to purchase & sell services