Based on blockchain analytics agency Santiment, Cardano ranks because the “strongest” blockchain when it comes to developer exercise.
🧑💻 High 2022 #blockchain protocols by improvement exercise:
Learn our take: https://t.co/fYiOz86GWK
— Santiment (@santimentfeed) December 29, 2022
The yr 2022 has been a tough one for cryptocurrencies typically. Macroeconomic challenges, market elements and scandals have all impacted the business. The downdraft that started in late 2021 blossomed right into a crypto winter. Then, in Might, the Terra ecosystem collapsed. The crypto market bottomed out in June. And there have been the bankruptcies. Then got here essentially the most disastrous factor of all — the November collapse of the FTX crypto trade.
Per Santiment’s “dev exercise” indicator, Cardano ranked first, adopted by Polkadot (DOT) and Cosmos (ATOM). The three have been adopted by Ethereum, ICP and EGLD in fourth by means of sixth locations, respectively. FLOW, OP, APT and MATIC additionally made the record of the highest 10 blockchains.
In its report, Santiment notes that Aptos had been working tremendous laborious earlier than its mainnet launch and slowed down after. Solana may have made the record as nicely, however there was a gentle decline in “dev exercise” over the yr.
Up to now yr, Cardano clinched the title of essentially the most developed asset, rating high in aggregated improvement exercise. Cardano additionally clinched the highest spot within the variety of lively Github contributors for the yr.
Whereas improvement exercise has a minimal impression on near-term market costs, it could be a wholesome sign of a venture’s long-term prospects.
It demonstrates the staff’s month-to-month dedication to making a viable asset, bettering and upgrading its options, and sticking to the long-term roadmap.
In different information, Cardano founder Charles Hoskinson has polled as essentially the most influential particular person in crypto in 2022, alongside Binance CEO Changpeng “CZ” Zhao.