Cardano remains one of the most developed networks in the blockchain industry, according to data from Santiment shared by Coin98 Analytics.
Solana is still the most developed project on the market. And it occupies 1st position with 533 active contributors, and 2nd is the second largest network in the industry: Ethereum.
While Cardano has around 120 daily active contributors who are constantly working on the development of the network, Santiment tracks activity and engagement, such as GitHub, with the greater the number of users involved in the project. will get a higher position in the ranking
Other indicators from the same provider also show that the Cardano blockchain’s development activity remains second, while Solana is still number one.
With the introduction of Cardano’s blockchain smart contracts technology, more and more developers have started using the network and launching different use cases, with the largest being SundaeSwap, a platform. decentralized exchanges that hold at least 96% of the total value locked in the chain
from the information of DeFi LIama states that Over $122 million worth of Cardano (ADA) is locked into contracts built on the Cardano network, with SundaeSwap having a $119 million TVL, while second place goes to MuesliSwap, a decentralized exchange.
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