Hedera Overtakes Cardano in Crypto Development Activity

Crypto analytics firm Santiment has released data showing that Hedera (HBAR), a layer-1 Ethereum competitor, has emerged as the leader in development activity over the past 30 days.

Top 10 Development Activity

Hedera surpassed Cardano (ADA) and Optimism (OP) in development activity, with a score of 552.97. Other notable assets in the top 10 include:

  • Polkadot (DOT)
  • Kusama (KSM)
  • Chainlink (LINK)
  • Cosmos (ATOM)

Hedera’s Dominance

Hedera’s development activity has been particularly impressive, with the team consistently pushing out updates and improvements. In February, HBAR ranked 6th in development activity, but has now climbed to the top spot.

Market Performance

At the time of writing, HBAR is trading at $0.0998, down 1.82% over the past 24 hours.