Altcoins

Cardano Massively Dominated Ethereum, Polygon and Seven Altcoins in 2022 on One Metric: Santiment

Crypto analytics platform Santiment is revealing that Cardano (ADA) led all other blockchain protocols on one critical metric this year.

Santiment says that Cardano had the highest level of development activity in 2022 in the crypto ecosystem ahead of Ethereum (ETH) and other blockchain protocols.

Based on the submissions to the software development hosting platform GitHub, Cardano recorded 2,434 commits ahead of Polkadot (DOT), which recorded the second-highest level of development activity among blockchain protocols.

Source: Santiment/Twitter

Polkadot recorded 2,065 Github commits in 2022 while third-placed Cosmos Hub (ATOM) recorded 1,622 Github commits.

Ethereum saw the fourth-highest level of development activity in 2022 with 1,485 Github commits while scaling solution Polygon (MATIC) came in the 10th position with 526 Github commits.

“Top 2022 blockchain protocols by development activity:

1) ADA [Cardano]

2) DOT [Polkadot]

3) ATOM [Cosmos]

4) ETH [Ethereum]

5) ICP [Internet Computer]

6) EGLD [Elrond]

7) FLOW [Flow]

8) OP [Optimism]

9) APT [Aptos]

10) MATIC [Polygon].”

The crypto analytics platform has previously said that heavy development activity is bullish for a blockchain protocol as it means new features are about to be shipped or that developers are confident the protocol will be a success.

Santiment says that Aptos recorded high development activity before it was launched in October but that the pace has slowed down since then. The crypto analytics platform also says that the development activity of Solana (SOL) is “still strong” but has fallen drastically in 2022.

“Aptos has been working super hard before the mainnet and chilled down after.

Solana could be here on a chart, its developer activity is still strong and within ones above, but the metric is declining heavily through the year.”

Generated Image: Midjourney

   

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