Cryptocurrency market analysts name the best blockchain

Representatives of the analytical company Santiment have released a fresh report stating that the Cardano network continues to hold a leading position in the blockchain development segment. Last month, 611 new ADA-based technological solutions were published on GitHub.

Polkadot was ranked second, and Kusama was third. It is noteworthy that the most popular smart contract ecosystem, Ethereum, was ranked only tenth in the Santiment ranking.

Meanwhile, Cardano continues to develop new functionality. It is reported that the project’s developers are working on updating Lace Wallet.

ADA representatives are now focused on increasing the scalability of the ecosystem and its compatibility with other blockchains. Technological changes have recently been made at the network level. The team is also trying to improve the quality of the user experience. Earlier, Cardano representatives completed the SanchoNet implementation phase. This is a testnet that will be used to develop new functions for managing the decentralized Ledger. In the future, it will be possible to transfer powers and conduct delegate votes (DREPS).

At the time of writing, ADA is showing a slight increase and is trading at $ 0.24. The total supply of coins circulating on the market amounted to $ 8.6 billion. Traders made daily trading deals worth $ 93.9 million.