Cardano Surpasses Polkadot in Development Activity Rankings

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Cardano surpasses Polkadot in development activity in February

In February, Cardano moved to the top of development activity, leaving Polkadot behind. Both Cardano and Polkadot have consistently held the top positions in the development activity ranking.

Cardano and Polkadot secure second and third place

Latest data from Santiment shows that Cardano ranks second in the 30-day development activity ranking, while Polkadot takes the third place. Surprisingly, Dfinity Internet Computer took the first place in this latest ranking. A historical analysis of the development activity ranking shows that both Cardano and Polkadot have consistently held the top two positions. The data shows that Cardano scored 434.3 in the last 30 days, while Polkadot achieved a score of 431.33.

Current trend of development activity of Cardano and Polkadot

An examination of the development activity of Cardano and Polkadot showed remarkable upward trends in January. The charts showed that both networks recorded significant declines in the months before January, reaching their lowest level in months. At the beginning of January, Cardano fell to about 50 before closing the month at about 135. Similarly, Polkadot fell to about 39 in January, but recovered to about 152 by the end of the month.

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How ADA and DOT prices have developed

An analysis of Cardano’s price history showed an increase of over 11% in the last 48 hours. The chart showed an increase of 5.87% on February 14 and another increase of 5.55% on February 15. This upward movement brought the ADA price to the level of $0.6. The Relative Strength Index (RSI) for ADA indicated a strong bull trend, with the RSI above 65.

Similarly, the price chart of Polkadot (DOT) showed upward trends in the last 48 hours, albeit not as robust as ADA. DOT gained around 6%, but recorded a decline at the time of this writing. It was traded at about $7.7, with a decline of less than 1%. The RSI for Polkadot also indicated a strong bull trend, with the RSI above 60 at the time of this writing.

Sources: Santiment, Trading View

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Casinos: 23
Profile Cardano
Symbol ADA
Coin type Alt Coin
Transaction Speed High
Pros
  • Significantly more anonymous than Bitcoin, for example
  • Science-based development, secure and stable
Cons
  • Newer cryptocurrency, lack of distribution
  • Development not yet complete
Price 0,45 €
Percent Change 24h -6,01 %
Percent Change 7d 8,44 %
Percent Change 30d -27,71 %
Percent Change 60d -19,05 %
Percent Change 1y 22,48 %
Market Cap 15.832.320.321,00 €
Max. Supply 45.000.000.000
Official Links
Socials Reddit | X | Message Board
Best 3 Cardano casinos

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Last update: 12. March 2024

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