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Cardano Ecosystem

Finbold

10/31/2023

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Cardano tops developer activity charts in October leaving DOT, HBAR behind

Remarkably, Cardano (ADA) has once again taken the lead by maintaining its September momentum and emerging as the team with the highest developer activity in October.  According to CryptoDep, a noted crypto...

Cardano tops developer activity charts in October leaving DOT, HBAR behind

Remarkably, Cardano (ADA) has once again taken the lead by maintaining its September momentum and emerging as the team with the highest developer activity in October. 

According to CryptoDep, a noted crypto analytics account on X, Cardano outshone its competitors with an impressive 505 events recorded in its GitHub repositories this month, as disclosed on October 30. 

Top 10 crypto projects by developer activity in October. Source: Crypto_Dep

Following Cardano’s impressive lead in development activity, Polkadot (DOT) closely trails behind with 427 GitHub events in October. Hedera (HBAR) secures the third position with 380 events recorded in its repositories, while Aptos (APT) follows behind with 340 events. Chainlink (LINK) rounds out the top five with a total of 300 events.

In addition, Cosmos (ATOM) has documented 287 GitHub events, while IOTA (MIOTA) has 272 to its name. Avalanche (AVAX) boasts 250, while MultiversX (EGLD) has recorded 138. The Radix (XRD) development team wraps up the list with 127 events registered in its GitHub repositories.

During the month of October, one of the major projects developed by the Cardano team went live. Notably, the blockchain company rolled out the first-ever social media application built to connect and empower all Cardano enthusiasts in a bid to help the development of native projects.

The platform, called Cardano Spot, boasts a sophisticated platform for onboarding Cardano native projects and their communities. The social media app allows Web3 users to connect with and learn about the Cardano ecosystem, covering a range of subjects such as decentralized finance (DeFi) projects, NFT projects, and more.

“Decentralised social media is the future of how people engage, connect, and earn rewards through contribution. We are thrilled to have launched the first social network on Cardano with the support from the community.”

– Sebastian Zilliacus, Co-Founder of Cardano Spot.

When it comes to the price of Cardano’s native crypto asset, ADA, the token was sitting at $0.29 at the time of writing, down 0.09% on the day. Over the past week, ADA has risen more than 5.6% and over 18% on the month.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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