Although September started relatively uneventfully for most assets in the cryptocurrency market, including Bitcoin (BTC), Cardano (ADA) emerged as the top performer in terms of development activity. The development team behind the Cardano network claimed the top spot on the list of altcoins compiled based on developer activity last month. The list also includes altcoins such as Polkadot (DOT) and Chainlink (LINK).
List of Altcoins Led by Cardano
According to data compiled and shared by the crypto analysis platform CryptoDep on October 2nd, Cardano’s network, ADA, took the lead in the development score table on GitHub in September with 572 entries, surpassing all other competing networks.
Polkadot, the closest competitor to Cardano in terms of development activity, secured the second spot in September with 501 GitHub entries. The top five also included Chainlink in third place with 338 GitHub entries, Hedera (HBAR) in fourth place with 358 entries, and Cosmos (ATOM) in fifth place with 338 entries.
The rest of the list compiled by the crypto analysis platform includes Aptos (APT) with 248 entries, Avalanche (AVAX) with 242 entries, IOTA (MIOTA) with 219 entries, Radix (XRD) with 167 entries, and MultiversX (EGL) with 162 entries.
Cardano Developers Hard at Work
The Cardano team has been working diligently since September to build its network, including adding the multi-delegation feature to the lightweight wallet platform Lace, which allows users to stake their ADA tokens in up to 5 different pools, and adding more Ledger support.
Furthermore, the company recently organized a workshop event called NFTxLV, focusing on expanding the NFT ecosystem, which was declared as a “space for connection, learning, and growth” within the Web3 community.
In terms of price, Cardano’s ADA has recently followed the overall market sentiment in the cryptocurrency market, experiencing a 2.72% decline during the day, trading at $0.2568. Moreover, ADA has seen a 5.21% increase in the past 7 days.
