Cardano gave tough competition to Ethereum, became the number 1 blockchain

A major reversal has been witnessed in the crypto world. Cardano, which was called a “Ghost Chain” i.e. an inactive blockchain for many years, has now overtaken Ethereum to take the first place in core developer activity.

Cardano is now at the forefront of developer activity

According to crypto data platform Cryptometheus, Cardano has recorded 21,439 commits on GitHub in the past 12 months, while Ethereum was limited to 20,962 commits in the same period.

Cardano’s developer activity is spread across its 550 core repositories, which include 12 main projects and a total of 36 projects across the ecosystem. These 36 projects together have committed active coding and updates to 4276 GitHub repositories so far.

This data proves that Cardano is no longer just an idea or a slow network, but has become an active and technically advanced blockchain platform.

The Status and Threats of Ethereum

Ethereum, which has always been at the forefront of developer activity, has now fallen to second place. Cardano founder Charles Hoskinson has even said that Ethereum could “crash” by 2040. In a recent live stream, the Cardano founder said ADA could cross the $10 mark. He said that if the Input Output Global (IOG) strategy is successfully implemented and the community supports it enthusiastically, ADA Price could reach between $3 and $10 in the future.

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He believes that Ethereum’s outdated technology, fragmentation of Layer 2 solutions, and declining developer activity are becoming its weaknesses. However, the Ethereum Foundation has recently introduced a new Layer 1 scaling vision, which is likely to lead to a return to developer activity in the future.

There may be a tremendous increase in the price of ADA

The developer growth of Cardano is not limited to just the technical case, it is also affecting its cryptocurrency ADA Price.

Currently, ADA is trading around $0.70 and remains at a strong support level. According to crypto analyst T0ken Talk, Cardano Price can see a rise of up to 100% in the coming days.

He believes this rally could take ADA past $1 in this cycle and in the long run, it could reach $10 by 2029.

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New partnership with XRP and Lace Wallet

Cardano is now moving towards making its ecosystem even stronger. According to reports, Cardano’s Lace Wallet may soon integrate XRP. This partnership will benefit both networks not only in terms of price, but also in terms of utility and deployment.

Would you like to attend this ADA rally?               

If you want to attend the ADA (Cardano) rally, it will be beneficial to keep these important things in mind.

Some tips before investing

Be sure to do your research – understand ADA’s team, technology, and ecosystem thoroughly.

Invest step by step – Do not invest the entire fund at once, adopt the DCA (Dollar Cost Averaging) strategy.

Choose a safe wallet, like Lace Wallet or Yoroi, so your funds are safe.

Take advantage of ADA staking – Cardano’s Ouroboros proof-of-stake system delivers stable staking rewards.

Keep an eye on the news – DeFi partnerships, XRP integrations, and on-chain data can inform your decisions. 

Cardano has once again proven that moving slowly can lead to success. Surpassing Ethereum is not just a milestone, but an indicator of how big a role Cardano can play in the world of Web3 and DeFi in the years to come.  If you are thinking of investing in ADA, now is the time to take a closer look at this network and its development.

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