Cardano has surpassed Ethereum in central developer activity, a significant shift that calls into question its established position as a "questionable coin chain." This development has sparked new optimism among investors about the potential for a significant increase in Cardano's price soon.
■ Developer numbers reflect a shocking shift
According to the Cryptometheus data platform, Cardano is currently at the top of blockchain development, having recorded 21,439 downloads on GitHub over the past twelve months. These downloads cover 550 core repositories, putting Cardano ahead compared to Ethereum, which recorded 20,962 downloads during the same period.
Data indicates activity in 12 core projects on Cardano, while the broader ecosystem showed activity in 36 projects. This wave of developments has boosted activity in 4,276 repositories on GitHub, providing concrete evidence to counter claims of Cardano's lack of real-world use.
■ Ethereum faces increasing competition
Ethereum's ranking in second place is what some refer to as a "disappointing year" for the network. The network's lag in the number of developers comes at a time when Charles Hoskinson, the founder of Cardano, predicts Ethereum's collapse by 2040.
Hoskinson points to several reasons behind his predictions: technology's obsolescence, fragmentation of layer two solutions, and a decline in developer participation. This criticism comes at a sensitive time, as Ethereum is also facing issues with Internet Computer, which currently ranks third in developer activity.
The Ethereum Foundation has laid out a new vision for scaling first-layer capabilities, which could reverse the trend of declining developer participation.