Cardano tops developer exercise charts in 2021 forward of Kusama and Polkadot – crypto mode

The cryptocurrency industry can be classified in a number of ways. Market cap rankings remain the most popular method, although developer activity should also be considered. Cardano, Kusama and Polkadot took a strong lead ahead of the rest, which is quite interesting.

The activity of crypto developers will increase in 2021

It’s always good to see developers and programmers contribute to existing cryptocurrency and blockchain projects. However, in an ever-changing industry, keeping your code up to date and making adjustments or improvements is vital. While one would expect the currencies ranked by market capitalization to have a similar status in developer activity, this is nowhere near the case.

First off, Bitcoin is nowhere in the top 15 developer activity for all of 2021. This is somewhat of a surprise, although the project has been the longest of them all. Even so, Bitcoin can use many improvements and additions to maintain its dominant market leader in the future. There is a lot of upkeep for the world’s leading cryptocurrency, but less than for many other projects in 2021.

Instead, Cardano, Kusama and Polkadot are the leading projects by developer activity. That’s a pretty interesting top three, although it also makes a lot of sense. Cardano saw some big changes over the course of 2021, and Polkadot – and with it Kusama – started introducing Parachain slots. Nonetheless, all ecosystems have ticked significant milestones recently, and there is more to be done.

It is noteworthy how close these three projects are for development activities in 2021. There are few activities that separate all three, which confirms that these teams work hard quarter after quarter. In addition, they have a significant lead over Ethereum, Gnosis, and Solana. Very interesting statistics that confirm that individual projects contain more than their market capitalization suggests.

What about DeFi?

The year 2021 was very interesting for decentralized financing for several reasons. Hundreds of projects and protocols came out, and dozen disappeared just as quickly. It is a very competitive yet volatile area and users still have many problems and concerns. Some projects have achieved “legitimacy” status, others are still laying their foundations today.

Most developed cryptos on @Github in 2021

According to @Santimentfeed, @Cardano is the most developed project in the industry, followed by @Kusamanetwork and @Polkadot.

👉https: //t.co/gjKPmOazyB pic.twitter.com/JHXmWSe0YS

– CryptoRank platform (@CryptoRank_io) January 3, 2022

For Santimant, DeFiChain is the leading DeFi project for developer activity throughout 2021. It’s a prominent protocol that hasn’t made too much media headlines. However, users seem satisfied with the progress of the project, including the high throughput, incomplete Turing security, and ease of deployment of DeFi applications. Its network is anchored in the Bitcoin blockchain for additional security.

Other DeFi projects with strong developer activity are Mdex, Sifchain, UMA, Pancakeswap, Synthetix, MakerDAO and others. All of these names are well established in the field, suggesting that new protocols and services will face an uphill battle.

Would you like to advertise? We would be happy to help you publicize your project, company or service. CryptoMode produces high quality content for cryptocurrency companies. We have branded dozens of companies to date, and you can be one of them. All of our customers appreciate our value for money. Contact us if you have any questions: [email protected]


Share post on

Sonic BTC is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

Polkadot Will get Enhance From SPAC Trepreneur Palihapitiya’s Alt Coin Views – InvestorPlace Polkadot

Polkadot Will get Enhance From SPAC Trepreneur Palihapitiya’s Alt Coin Views – InvestorPlace

Before you accuse me of clickbait, let me upfront by saying that I'm not...

By wpadminsonic164
Kadena Coin (KDA), Polkadot (DOT) Approaching Help Shopping for Degree – FX Leaders Polkadot

Kadena Coin (KDA), Polkadot (DOT) Approaching Help Shopping for Degree – FX Leaders

The decline in the cryptocurrency market should not be taken as a bad thing,...

By wpadminsonic164
Prime Cryptocurrency Costs Right now: Bitcoin, Solana Dropping Allure;  Polkadot rallies 4% – Financial Instances Polkadot

Prime Cryptocurrency Costs Right now: Bitcoin, Solana Dropping Allure; Polkadot rallies 4% – Financial Instances

New Delhi: The cryptocurrency market was mixed on Monday. However, traders switched back to...

By wpadminsonic164
Polkadot

Why the Sandbox, Polkadot, and Cardano Soared At the moment – Motley Idiot

What happened Starting at 3:30 p.m. ET, The sandpit (CRYPTO: SAND), Speckle (CRYPTO: POINT),...

By wpadminsonic164
Kriti Sanon in a polka dot midi costume regarded just like the prettiest princess of all time;  Sure or no?  – PINK VILLA Polkadot

Kriti Sanon in a polka dot midi costume regarded just like the prettiest princess of all time; Sure or no? – PINK VILLA

We all have this one favorite restaurant that puts us in a puzzling mood...

By wpadminsonic164
We visited Sheffield’s well-known pink polka dot cafe and liked its no-nonsense ambiance – Yorkshire Reside Polkadot

We visited Sheffield’s well-known pink polka dot cafe and liked its no-nonsense ambiance – Yorkshire Reside

There is a cafe on the outskirts of Sheffield that is hard to miss....

By wpadminsonic164
Will Polkadot’s Sturdy Quick Time period Progress Speed up Its Ascent to That Degree – AMBCrypto Information Polkadot

Will Polkadot’s Sturdy Quick Time period Progress Speed up Its Ascent to That Degree – AMBCrypto Information

Bitcoin's recent upward momentum resulted in most of the market gains. Polkadot was no...

By wpadminsonic164
Sophie Ellis-Bextor wows in a black and white polka dot mini costume as she performs on the occasion – Each day Mail Polkadot

Sophie Ellis-Bextor wows in a black and white polka dot mini costume as she performs on the occasion – Each day Mail

She entertained the nation with her Kitchen Discos during the Covid crisis. And Sophie...

By wpadminsonic164

Latest Posts

Dogecoin: A Transient Historical past of Crypto’s Largest Meme – NewsBTC Dogecoin

Dogecoin: A Transient Historical past of Crypto’s Largest Meme – NewsBTC

Dogecoin: one of the most hyped cryptocurrencies. It seems like it's always on the...

By wpadminsonic164
Why try to be optimistic about the way forward for Bitcoin Bitcoin

Why try to be optimistic about the way forward for Bitcoin

Check out this episode on YouTubeListen to this episode:The Austrian economy is a very...

By wpadminsonic164
Cryptocurrency Worth Prediction: Litecoin, Stellar & Dogecoin – American Wrap December twenty seventh – FXStreet Stellar

Cryptocurrency Worth Prediction: Litecoin, Stellar & Dogecoin – American Wrap December twenty seventh – FXStreet

Litecoin (LTC) price is currently on its way back as the low volume triggers...

By wpadminsonic164
Is Stellar (XLM) well worth the danger on Monday?  – InvestorsObserver Stellar

Is Stellar (XLM) well worth the danger on Monday? – InvestorsObserver

The InvestorsObserver analysis gives Stellar an average risk assessment. The proprietary scoring system calculates...

By wpadminsonic164
#BITCOIN NEXT BIG MOVE COMING | TOP 5 #ALTCOINS WITH BIG EVENTS | BAG ALTCOINS NOW Videos

#BITCOIN NEXT BIG MOVE COMING | TOP 5 #ALTCOINS WITH BIG EVENTS | BAG ALTCOINS NOW

BITCOIN NEXT BIG MOVE COMING | TOP 5 ALTCOINS WITH BIG EVENTS | BAG...

By wpadminsonic164
StarSharks, the Binance-sponsored Shark Metaverse, is launching its first turn-based card sport, StarSharks.Warriors – The Every day Hodl Binance

StarSharks, the Binance-sponsored Shark Metaverse, is launching its first turn-based card sport, StarSharks.Warriors – The Every day Hodl

Jan 5, 2022 - Singapore, Singapore Star sharks - an NFT GameFi ecosystem based...

By wpadminsonic164
That altcoin has shot up 1,300%: is it nonetheless a purchase?  – coloured idiot Stellar

That altcoin has shot up 1,300%: is it nonetheless a purchase? – coloured idiot

Image source: Getty Images Investors were looking for low-cost blockchains for NFT transactions and...

By wpadminsonic164
Binance Tightening Buyer Verification Course of Amid Striving for Regulatory Compliance – The Every day Hodl Binance

Binance Tightening Buyer Verification Course of Amid Striving for Regulatory Compliance – The Every day Hodl

The global cryptocurrency exchange Binance is rolling out immediate verification requirements for all of...

By wpadminsonic164