The crypto-verse has been witnessing an array of major updates. While the Cardano community welcomed the Vasil upgrade, the Ethereum network celebrated the finalization of the Merge. This certainly requires an immense amount of background work by the networks’ developers. Despite this, both Cardano and Ethereum took a backseat in terms of development activity over the last 30 days.
As per recent data curated by an on-chain analytics firm, Santiment, Polkadot and Kusama were seen at the top of the list. Both these networks accounted for most development activity.
As seen in the above chart, the 30-day development activity of Polkadot and Kusama was 486.6. Cardano wasn’t too far off with 425.7. Ethereum, on the other hand, was lagging a bit with 367.63.
Elaborating on the same, Santiment tweeted,
“If you base your portfolio around assets that receive solid development activity on #github, then #Polkadot & #Kusama are worth looking into. Over the past 30 days, the assets have 14.3% more non-spam submissions than the next largest asset, #Cardano.”
This came as a surprise to many considering Cardano’s latest Vasil upgrade that occurred on 22 September.
Here’s how Cardano has been faring post-Vasil
It seems like the Vasil fever hasn’t left the crypto market yet. Prominent crypto exchange, Bitfinex announced support for the upgrade just yesterday. In a recent blog post, the firm affirmed that the new features would be made available starting today.
ADA hasn’t witnessed much of a rise or a drop over the last couple of days. While other Alts have bagged gains over the previous few days, ADA has been in the down low with just a 2.17 percent surge.
At press time, the asset was trading for $0.4573 with a 2.80 percent daily surge.
Unlike its price, the social sentiment surrounding Cardano recorded a 3-month high. However, this was limited to the day of the hard fork. Soon after the event, the social strength of the asset witnessed a significant plummet as seen in the chart below.
