Cardano Claims The Crown From Ethereum In Core Development

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Cardano outperforms Ethereum in its central developer activities. This is a dramatic turn that challenges its long-standing status as a “ghost chain.” The development has sparked fresh optimism among investors that Cardano’s prices could soon increase significantly.

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Developer numbers reflect shocking flips

According to data platform Cryptometheus, Cardano is currently ranked number one in blockchain development, with 21,439 Github committing over the past 12 months. These commits span 550 core repositories, with Cardano moving ahead of Ethereum’s 20,962 commits over the same period.

This data demonstrates activities in 12 basic Cardano projects and demonstrates activities in 36 projects. This wave of development promotes activity in 4,276 Github repositories and provides concrete evidence to counter the accusations that Cardano is not being used in the real world.

Cardano Claims The Crown From Ethereum In Core Development
Source: Cryptometheus

Ethereum is facing increasing competition

Ethereum’s second-place ranking is what is called the “overwhelming year” of the network. The network that has lagged behind in terms of developer count is because Cardano founder Charles Hoskinson has speculated that Ethereum will collapse by 2040.

Hoskinson cites several reasons for his predictions: Old Tech, fragmentation of Layer 2 solutions, and reduced developer participation. This criticism arises at a sensitive moment, as Ethereum also struggles with internet computers. This is currently ranked 3rd in developer activity.

The Ethereum Foundation has set up a new vision for scaling Layer 1 features. This could reverse the trend of developer leaving.

Cardano Claims The Crown From Ethereum In Core Development
Source: Cryptometheus

Price forecast follows development success

Cardano’s cryptocurrency, ADA, is currently trading at $0.69 and appears to maintain a critical level of support. This stability, coupled with an increase in developer activity, has led analysts to predict a significant price increase.

Crypto analyst “Token Talk” suggests that ADA may observe that 100% jumps within the existing market cycle jump 100% to $1.20-$1.30. Looking further down, analysts estimate that by 2029 it will be worth $10.

Cardano Claims The Crown From Ethereum In Core Development

Technical indicators also support short-term optimism. Golden Cross Pattern has traders looking for a $1 level, with an ADA of about $20 million recently transferred exchanges.

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Cardano Claims The Crown From Ethereum In Core Development
Currently, the ADA has a market capitalization of $24 billion. Chart: tradingView.com

Strategic partnerships promote ecosystem growth

Cardano is working to expand its ecosystem through strategic partnerships, including future integrations with race wallet XRP. As reported, the alliance aims to establish mutual benefits for both blockchain networks.

The Alliance aims to improve the price performance of both tokens and increase the actual use of their respective ecosystems. This move is in line with Cardano’s overall efforts to promote adoption and use on its platform.

For Cardano enthusiasts, the convergence of top developer metrics, strategic collaboration and upward price metrics may be causing the project to ultimately shake up the “ghost chain” stigma.

TechBuild Africa feature images, TradingView chart

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