Cardano Takes the Lead in Daily Development Activity

Over the last 24 hours, Cardano has been the most actively developed cryptocurrency.

Over the last 24 hours, Cardano has been the most actively developed cryptocurrency. The crypto’s public Github repositories have seen more development activity than major cryptocurrencies such as Ethereum (ETH) and Cosmos (ATOM).

According to its Friday evaluation report, IOHK reported a weekly Github commit of 3028 in the previous week. Development activity on the Cardano (ADA) network has increased, with 13,003 Github changes made in June.

Activity on all the crypto’s repositories has increased as developers prepare for the upcoming Vasil hard fork. The Vasil upgrade aims to improve Cardano’s performance and capabilities and is expected to include four Cardano Improvement Proposals (CIPs).

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Over the last few years, the crypto network has grown steadily. According to IOHK, Vasil has been the most important network enhancement since the implementation of staking via Shelley.

The Basho phase upgrade is expected to provide numerous enhancements to the Cardano ledger as well as improve smart contracts. The Byron reboot in 2020 gave over 3,000 SPOs the opportunity to build and support the proof-of-stake network.

In addition, thanks to the Mary improvement in early 2021, users were able to create a variety of local assets to trade and exchange on the ledger, and Alonzo launched smart contracts support in September 2021.

Cardano’s ADA price has fallen slightly in the last 24 hours to $0.427, according to Coincu data.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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