Cardano (ADA) and Polkadot (DOT) Outperform Ethereum (ETH) on This Front: Details

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BitTorrent

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Jul 10, 2023
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Cardano (ADA) and Polkadot (DOT) Outperform Ethereum (ETH) on This Front: Details


TL;DR

  • Santiment’s latest rankings show which cryptocurrencies have generated the most development activity over the past 30 days.
  • Interestingly, Bitcoin (BTC) is not in the top 10 list, while Ethereum (ETH) is at the bottom.
Latest Ranking


Crypto market intelligence platform Santiment has revealed which digital currencies are most active conditions Frequency of development in the last 30 days. optimism (KISS), cardano (ADA) etc. Hedera (HBAR) placed while ranking in the top three polkadot (DOT) and Kusama (KSM) tumbled to the top 5 list. Second largest cryptocurrency by market cap – Ethereum (ETH) – ranked ninth.

“Our platform is gaining significant traction github Effectiveness from project pools through a backtested process to ensure that only one team has made significant innovation and improvement efforts is included“Santiment explained.
At the beginning of this year ADA on top In the same ranking, it left DOT in second place and KSM in third place. While BTC did not appear in the top 10 list (as the latest data shows), ETH ranked tenth.

ADA and DOT Price Outlook


Both cryptocurrencies performed well quite a few On a seven-day scale, we witness price increases of 11% and 14% respectively.

Earlier this month, popular X user Ali Martinez presented a chart showing that ADA’s valuation was “exactly where it should be.” Hey believes The token is poised to reach $1.70 as long as it falls within the $0.55-$0.80 range. It is currently hovering around $0.50 (according to CoinGecko data).

For those interested in exploring additional ADA price predictions, please check out our exclusive video below:


POINT so what predicted reach new heights in the near future. X users World of Charts, CRYPTOWIZARD and CryptoYoddha envisioned An increase towards the $15-20 level.

Michael van de Poppe and the Flash go even further explanatory They added Polkadot’s native token staff portfolios.

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