Cardano Dethroned: New Leader Emerges in Development Race

Cardano (ADA) has lost its reign as the top network for development activity. Despite Charles Hoskinson’s claims of major updates, ADA has fallen to fifth place, overtaken by other crypto networks.

Development Activity Rankings

Santiment, a market intelligence platform, recently released a list of the top 10 cryptocurrencies with the highest development activity. Cardano, once a frontrunner, now sits at fifth place.

The new leader is Hedera (HDAR), followed by Chainlink (LINK), Optimism (OP), and Internet Computer (ICP).

Cardano’s Ongoing Developments

Despite its loss of top spot, Cardano continues to work on key projects.

  • Core tech optimizations for efficiency and performance
  • Mithril protocol enhancements for adoption and scaling
  • Node enhancements and smart contract advancements
  • Partnerships with over 12 global tier-one companies
  • Anticipated Chang hard fork for governance and performance improvements