Cardano surpassed Ethereum to claim top spot in yearly core developer activity.
This shows not only Cardano growth but leadership lead this bull cycle.
The price of ADA could hit a much higher ATH target during this bull cycle.
Cardano is slowly being recognized as a leading blockchain in the crypto space after years of being marked as an obsolete legacy blockchain. To highlight, Cardano’s roadmap has been a highly detailed, yet very slow progressing project which left many traders frustrated. Today, Cardano surpassed Ethereum to claim top spot in yearly core developer activity showing that the blockchain is not only growing but leading in the space.
Cardano Surpassed Ethereum in Yearly Core Developer Activity
Founded by Charles Hoskinson, a true visionary in pursuit of realizing a truly decentralized ecosystem, the Cardano blockchain is coming close to fulfilling this dream. Hoskinson was part of the initial team that founded and built Ethereum. However, due to different ideologies, Hoskinson, along with many other prominent names, walked away to establish their own crypto projects and Hoskinson’s was Cardano.
To highlight, Cardano has an intense and thoroughly thought out roadmap. This roadmap meant a slow and steady progress for the blockchain with upgrades only initiated after heavy peer-reviews research and testing. Hoskinson, unlike other blockchain founders, did not want to rush the progress of Cardano, instead he took a slow and steady approach in order to not compromise the functionality and success of the blockchain’s long term capabilities.
Now, this approach seems to finally be paying off. So far, Cardano’s progress was so slow that developers on the chain could not do as much as they could on other blockchains. This led to many frustrated ADA holders who quit on the project. However, those who saw Hoskinson’s broader vision, one that would ensure Cardano’s longevity in a rapidly changing world, stuck by Cardano and are now reaping the benefits.
Cardano vs Ethereum, a Match No Longer Fought
Cardano launches significant blockchain upgrades which allows developers to accomplish more on the blockchain. These upgrades have slowly introduced smart contracts, DeFi capabilities, NFT minting, and now with the latest upgrade, Solana-style speed. This puts Cardano on par with all other blockchains and arguably makes it even more capable than the rest for its lack of issues and greater decentralized model.
https://twitter.com/Crispy_Craps/status/1917287189685108804
As we can see from the post above, Ethereum’s many problems seem to finally be getting it down, giving progressive blockchains like Cardano a chance to take over. No doubt, Cardano is slowly taking the lead and could in turn result in a heavy price pump for ADA, possibly taking the altcoin to hit much higher ATH targets in this bull cycle’s altseason phase.
