2 Ethereum Rivals Just Overtook Cardano

According to the latest reports, it seems that there are two ETH rivals that have been able to overtake Cardano. Check out the latest reports below.

2 ETH rivals overtake Cardano

According to a recent blog post by Santiment, a platform for analyzing blockchain, Polkadot (DOT) and its canary test network Kusama (KSM) have surpassed Cardano (ADA) in terms of development activity on the GitHub platform.

Santiment reported that during the last 30 days, Polkadot and Kusama have seen more activity than Cardano, which is not surprising as Polkadot and Kusama have consistently been ranked in the top 10 for development activity.

This marks a reversal of the trend earlier this summer, when Cardano was leading the way.

Over the past month, Santiment reports that Polkadot and Kusama have been the most active in terms of Github commits among all crypto assets, with 570.1 each.

This suggests that these projects are putting in the most effort to enhance and innovate their offerings. Cardano follows closely behind, with 548.77 commits during the same period.

Currently, DOT, rated 13th in market capitalization, is trading at $4.02, up 0.6% in the last 24 hours. KSM, rated 173rd by market cap, is presently trading at $18.07, reflecting a 0.1% increase in the past day.

ADA is trading at $0.24 at time of writing. The eighth-ranked crypto asset by market cap is down 0.3% in the past 24 hours.

LINK and FIL see massive success

According to the company’s report, Chainlink (LINK) and Filecoin (FIL) are two projects that have been experiencing substantial development activity.

The Chainlink team has recently been noticeably increasing their development rates, while Filecoin’s team has also gained momentum since July.

Other than this, there are all kinds of optimistic crypto predictions these days and we suggest that you check out the markets and keep your eyes on the news.

Stay tuned for more exciting crypto developments as well.

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