Cardano News Today – Statistics Reveal That Cardano is the Foremost Cryptocurrency With Developer Activity – April 18th, 2020 – Smartereum

Cardano News Today The last few months have been tough for individuals and businesses across sectors around the world. We all know that Coronavirus pandemic is the primary reason behind the current global meltdown. In the blockchain space, development and new launches have slowed down but the Cardano Foundation is still working hard to meet its deadlines irrespective of the crisis. IOHK has worked so hard along with other organizations related to Cardano to meet its goals despite the spread of the Coronavirus. Now, Cardano is reportedly the top blockchain in terms of developer activity.

Yesterday, CryptoDiffer published data from Github reflecting the development activity over the last 30 days. The publication revealed that out of all the cryptocurrencies in the space, Cardano has the most development activity. This is in line with all the effort the Cardano development team has been making to fulfill their roadmap goals. Last month, Cardano made two major developments that paved the way for the endgame; Cardano Shelley.

Cardano (ADA) Price Today ADA / USD

Cardano has been taking the lead on the platform since March and from the look of things, it will continue to take the lead for months to come until it upgrades to Cardano Shelley testnet. There have been 383 open-source commits from Cardano developers since the middle of March. Unfortunately, despite all the effort, the Cardano development community is putting into ensuring that they meet their deadlines, the Cardano ADA token is not making any significant progress in price. The difference between the blockchains development and the price of the ADA token is rather discouraging and it is causing investors to lose faith in the project.

As stated before, the price of the Cardano ADA token isnt doing well. Over the last few years, the token has struggled against the USD. This time around, the token is falling along with the rest of the cryptocurrency market. After the bulls managed to take the price of ADA as high as $0.037 last week, it started to fall slowly against the USD. At the time of writing, the price of the token was bullish at $0.0353. This shows that it is up by 2.39% against the USD and up by 1.56% against the price of BTC. Just yesterday, the token was struggling to move above the $0.033 level. So, the rise to $0.035 is commendable. If the bulls maintain the momentum, the token might retest the $0.037 level by the weekend.

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.

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Cardano News Today - Statistics Reveal That Cardano is the Foremost Cryptocurrency With Developer Activity - April 18th, 2020 - Smartereum