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Home Altcoins

Crypto Rating: Cardano’s 176% Growth in 3 Months Beginning of Long Run

by Oliver Green
August 12, 2020
in Altcoins, Blockchain, Business, Cryptocurrency
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World’s leading on-chain metric trusted for an independent and unbiased rating of mutual funds and cryptocurrencies, Weiss Crypto Ratings, has in its recent tweet disclosed that Cardano (ADA) has moved up by 176.72% over the last three months in its recent rating.

Weiss Crypto Rating in its tweet noted that the new Cardano (ADA) upsurge would possibly catapult the digital asset to a new height since Shelley, which is now an official working product, has changed the game entirely for the Cardano native token.

Also, a recent post through the rating agency’s official website showed that Cardano (ADA), since July 29 Shelley hardfork, is now up with a modest rate of 3.09% which is graded “B-“in term of technology adoption.

Weiss also disclosed in its post that Bitcoin and Ethereum are up by 21.05% and 87.48% respectively which is graded “A-“and “A” in terms of technology adoption. The noble on-chain metric however submitted that its data has revealed that Cardano had indeed performed excellently among the top ten cryptocurrencies in the last three months.

Cardano Tops List of Blockchain with Highest Development Activities on GitHub

Also in a similar development, the Cardano Network has topped the list of Blockchains with the highest development activities on the renowned American multinational corporate platform that provides hosting for software development and version control, Github.

This was made known through a tweet by CryptoDiffer, an independent on-chain news reporter. The data used for the ranking as reported by CryptoDiffer was made available by a crypto market intelligence platform identified as Santiment and that each blockchain was valued based on its average daily developer activity from July to August.

However, after much deliberation, the Cardano blockchain surged past top blockchain competitors like Bitcoin and Ethereum to come out as the Blockchain with the highest development activity on Github.

Nevertheless, last month has been a busy month for the Cardano ecosystem, recording a major milestone with its massive Shelley hardfork, a project which has ushered in the full decentralization of the Cardano Network.

Tags: BlockchainCardano (ADA)shelleyShelley mainnetWeiss Crypto Rating
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Highlights

Elon Musk Loaded Up In Dogecoin before Pumping Bitcoin – Peter Schiff

Crypto Investor Explains Why Cardano will Soon Topple Ethereum

Cardano’s IOHK Rebrands, Enters Final Stages of a Large Government Contract

Analyst Explains why Bitcoin Price Could Crash to $6,400

Online Search for “Dogecoin” Surpasses “Bitcoin” in United States

PayPal Q4 Earnings Report Shows Users More Active after Buying Cryptocurrencies


NewsLogical Inc. is a U.S.-centric firm established in 2019 with the aim of providing resourceful and up-to-date cryptocurrency and blockchain information.

Email: info@newslogical.com

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Contents on NewsLogical.com are only for informational purposes and should not be construed as financial or investment advice.

Trading cryptocurrency is considered a high-risk activity that requires technical knowhow because digital currencies are generally volatile.

Contact financial experts for guidance before making any cryptocurrency investment decision.

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