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Crypto Rating: Cardano’s 176% Growth in 3 Months Beginning of Long Run

source-logo  newslogical.com 14 August 2020 08:00, UTC

World’s leading on-chain metric trusted for an independent and unbiased rating of mutual funds and cryptocurrencies, Weiss Crypto Ratings, has in its recent tweet disclosed that Cardano (ADA) has moved up by 176.72% over the last three months in its recent rating.

Weiss Crypto Rating in its tweet noted that the new Cardano (ADA) upsurge would possibly catapult the digital asset to a new height since Shelley, which is now an official working product, has changed the game entirely for the Cardano native token.

Also, a recent post through the rating agency’s official website showed that Cardano (ADA), since July 29 Shelley hardfork, is now up with a modest rate of 3.09% which is graded “B-“in term of technology adoption.

Weiss also disclosed in its post that Bitcoin and Ethereum are up by 21.05% and 87.48% respectively which is graded “A-“and “A” in terms of technology adoption. The noble on-chain metric however submitted that its data has revealed that Cardano had indeed performed excellently among the top ten cryptocurrencies in the last three months.

Cardano Tops List of Blockchain with Highest Development Activities on GitHub

Also in a similar development, the Cardano Network has topped the list of Blockchains with the highest development activities on the renowned American multinational corporate platform that provides hosting for software development and version control, Github.

This was made known through a tweet by CryptoDiffer, an independent on-chain news reporter. The data used for the ranking as reported by CryptoDiffer was made available by a crypto market intelligence platform identified as Santiment and that each blockchain was valued based on its average daily developer activity from July to August.

However, after much deliberation, the Cardano blockchain surged past top blockchain competitors like Bitcoin and Ethereum to come out as the Blockchain with the highest development activity on Github.

Nevertheless, last month has been a busy month for the Cardano ecosystem, recording a major milestone with its massive Shelley hardfork, a project which has ushered in the full decentralization of the Cardano Network.

newslogical.com