Solana (SOL), Polkadot (DOT), and Cardano (ADA) Lead Altcoins Charge As 2021 Closes Its Curtains

Btcmanager 5 months ago Report
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Solana (SOL) has recorded high entries from its developers lately, surpassing the submission rates of DOT and ADA on Github. Per data from Santiment, Solana has had about 97 development entries on Github today. Cardano and Polkadot closely follow Solana in the year-end development activity analysis.

Altcoins Increase Their Development Entries

Per an analysis from crypto data tracker Santiment, Solana, Cardano, Polkadot, Ethereum, and Chainlink have recorded a lot of development activities lately. Solana has had quite a run this year, which saw it breaching its ATH and rank among the top 10 cryptos. 

The Q4 of 2021 started with meager daily development activities in the large-cap coins. On OCT. 29, 2021, almost all top 10 coins had less than ten development activities. Their development teams started incorporating new technologies, and the daily submission rates crawled back to normal. These developments are a good signal heading to the next year as some of the altcoins networks’ activities signal the crypto market’s anticipation for 2022.

Solana Eclipses Daily Development Activities of Other Large Cap Cryptos

In June 2021, Polkadot and Cardano had very high Github development submission rates. Both of these coins had more than 60 daily entries each. At the same time, Solana only had fewer than 50 daily entries. The two coins maintained the lead in daily development submissions on the github, while major cryptos had little to no activities in matters development. Nonetheless, the other digital currencies started registering a spike in their daily submission rates in Mid-August.

The daily developments were reduced by August but resumed vigorously in September. The whole of September was a busy month for developers as the daily submission rates for most coins were very high. At this time, ETH, DOT, and ADA were the leader as SOL followed closely behind. It was not till towards Mid-October that the daily developments reduced.

After the number of development submissions on Github started rising in November, the Solana team began dominating. Their submissions rates competed with DOT and ADA. SOL overtook ADA on NOV. 18 and almost caught up with DOT five days later. However, SOL came to overtake DOT on DEC. 11, 2021. Today, SOL has 97submissions while DoT has 77. ADA also follows closely with 66 submissions.

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Original Source: https://btcmanager.com/solana-sol-polkadot-dot-cardano-ada-altcoin-2021/

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