The Cardano statistics confirm that the project has the biggest development activity despite the harsh few months that were exceptionally hard for businesses and individuals across various sectors. The Coronavirus pandemic is the main reason behind the worldwide meltdown and in the blockchain space, the development launches slowed down. However, according to the Cardano latest news, the Foundation is working hard to meet deadlines.
Their dedication is what makes the crypto platform among the best performing on the market currently. IOHK worked so hard with other organizations along with Cardano to meet the goals despite the spread of the Coronavirus. The Cardano statistics show that the project is the top blockchain in terms of developer activity.
CryptoDiffer published new data from GitHub which reflects the development activity over the past month. The reports reveal that out of all crypto projects in the space, Cardano has the most development activity. This correlates with the effort that the development team of Cardano has been making huge steps ahead to fulfill the roadmap goals. Cardano made two major developments last month that paved the way for Cardano Shelley.
Cardano has taken the lead on the platform since March and it will continue to take the lead for the upcoming months until it upgrades to Cardano Shelley testnet. There were 383 open-source commits from Cardano developers since the middle of March but the development community is putting into ensuring that they meet their deadlines. The ADA token is not making any progress in price and this is quite discouraging which is causing the investors to lose faith in ADA’s price movements.
The price of Cardano’s ADA isn’t doing well. Over the past few years, the token had a hard time against the USD. This time around, the token dropped along with the rest of the market and the bulls managed to take the price of ADA as high as $0.037 last week but it continued to fall slowly. The price of the token was bullish at $0.0353 which shows it is up by 2.9% against the USD and up by 1.56% against BTC. The token was also having a hard time to move above $0.033 level so the rise to $0.035 will be next. If the bulls maintain the momentum, the token could retest the $0.037 level.
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