Market

Cardano, Kusama and Polkadot lead Ethereum in terms of performance in 2021

On Github’s list of the top 20 publicly available development activities for 2021, provided by Github mood. Cardano, Kusama and Polkadot are rated as the best development projects, followed by Ethereum and Gnosis in 4th and 5th place.

“What happened in the crypto space in 2021? It’s hard to believe that Bitcoin cracked $ 27,000 a year ago. With all-time highs (ATHs), Cardano, Kusama and Polkadot are battling to be the most developed project by 2021. “

Source: Santiment

Development data from thousands of public Github repositories, with the exception of “non-developer events” like commit comments, people following a problem, release downloads, and others to avoid excessive development activity.

In addition to “pure” development activities, Santiment also tracks the number of active contributors to the Github repository for a given project to gain more insight into their “developer network”.

Number of active employees of AVG developers in 2021 | Source: Sanbase

While development activities have little to no impact on market trends in the short term, they can be a good indicator of a project’s long-term growth. It shows the team’s monthly commitment to developing a workable product, enhancing and improving its features, and staying on the right track over the long term.

Cardano is the most developed project in 2021

According to Santiment data, Cardano ranks first in the list of the top 20 projects by aggregated development activity. It also ranked the top number of active contributors on Github over the past 12 months, with an average of 53 daily contributors to their Github repository.

IOHK CEO Charles Hoskinson previously said that Cardano has created over 178 projects on its website from January 1 to date, 13 of which were launched this quarter, while three benchmark projects are in the first quarter of 2022.

Source: Twitter

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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