Popular Crypto Analyst
Latest News

Cardano Sets To Compete With Ethereum for Most Active Developers :

The developers behind Cardano, a proof-of-stake blockchain targets a competition with Ethereum.

This is as a playground for decentralized applications and NFTs getting ready for its recent anticipated Alonzo update this weekend.

Outlier Ventures, crypto investment group released a number indicating Hard Works from The developers.

The Outlier’s most recent Blockchain Development Trends study on the top 50 blockchains by their native assets’ market caps from July 2020 through June 2021.

They found out that Cardano had the most commits per month on GitHub code repositories, with 701.

Which was an increase of 24% from its commits the previous year.
Ethereum came second with 447, IOTA was third with 394, Filecoin fourth with 368, and NFT-based blockchain Flow had 305 commits.

However, On Monthly Acrive develoepers, Ethereum and Cardano ranked first and second with 168 and 165 per month respectively.

Additionally, Potocols like Avalanche, Ocean, Terra, and Cosmos came on strong in the last year.

For instance, They recorded triple-digit-percentage growth over the previous year

These Github commits shows the blockchain community’s underlying health.

Nonetheless, looking at last year’s report shows us how to take in these numbers.

Also, Outlier Ventures’ Q2 2020 report reveals “substantial rise in developer activity” for Polkadot and Cosmos. EOS, Bitcoin Cash, and TRON also found as large drops in developer activity.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.