Ethereum, Cardano Developer News: After the 2021 bull run subsided, it has all been a curve down south for crypto prices. The crypto community is describing 2022 as perhaps the worst calendar for the industry. However, the bear market environment also came a good time for developers to make progress in pursuing blockchain projects. Although the developer activity is not discussed as often as price trends, it can be said that some projects made great progress in the last one years.

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Busy Developer Activity In 2022

The downturn in crypto prices in 2022 is not really reflecting in the blockchain development in various projects. For example, Ethereum and Cardano feature in the top 5 busiest crypto builder networks since November 2021. Interestingly, the crypto market was at its peak around that time with token prices reaching new highs. It remains to be seen how the huge developer activity would translate in terms of price rise.

According to Santiment Insights, here are top cryptocurrencies with high developer activity.

“Total sum of the GitHub repository activities since 2021 BTC November high.

Rank 1-5
Kusama (KSM) Polkadot (DOT) Ethereum (ETH) Cardano (ADA) Uniswap (UNI)

Rank 6-10
Solana (SOL) Filecoin (FIL) Status (SNT) Cosmos (ATOM) Chainlink (LINK)”

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Meanwhile, the cryptocurrency prices continue to be at massive lows compared to 2021 levels. In the recent weeks, Bitcoin has been maintaining sideways movement owing to the market uncertainty stemming from FTX bankruptcy. As of writing, Bitcoin (BTC) price stands at $16,844.42, almost flat compared to 24 hours ago, according to price tracking platform CoinMarketCap. The prices of Ethereum (ETH) and Cardano (ADA) are $1,219, almost flat in last 24 hour, and $0.2598, up 2.72% respectively.

Also Read: Cardano Sharks In Strong Accumulation, Will ADA Price Rally?

The post Busiest Crypto Developer Communities 2022 Besides Ethereum, Cardano appeared first on CoinGape.

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Filed under: News - @ December 23, 2022 9:14 am