Cardano outpaces Polkadot and Kusama in development activity, ADA price at crucial level

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Cardano outpaces Polkadot and Kusama in development activity, ADA price at crucial level
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Cardano, one of the largest competitors of the Ethereum network, has ranked first in terms of Github commits that track development activity across bl

price slumped and is in a downward trend, developers are consistently building. Cardano has averaged more than 500 daily submissions from developers on Github over teh past 30 days. Higher development, however, has failed to catalyze a recovery in the asset’s price. While development activity does not typically have awith asset prices, it relates to the adoption and utility of the asset in the long term.

ADA price is in a downward trend that started in mid-July 2023. After a peak of $0.3788, ADA price has been in a consistent decline, dropping to the August 17 low of $0.2383. At the time of writing, the altcoin has recovered to $0.2613, with no significant signs of recovery.Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money.

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