Code Wars: Cardano Claims The Crown From Ethereum In Core Development
Cardano has overtaken Ethereum in developer activity, recording 21,439 GitHub commits compared to Ethereum's 20,962 over the past year. This shift has generated optimism among investors regarding potential price increases for Cardano's cryptocurrency, ADA, which is currently trading at $0.69. The development activity spans 550 core repositories and includes 12 fundamental projects, countering claims of Cardano being underutilized. Ethereum faces challenges, including declining developer participation and competition from other networks like Internet Computer. Charles Hoskinson predicts Ethereum may collapse by 2040 due to outdated technology and fragmentation. Analysts forecast ADA could rise to $1.20-$1.30 in the current market cycle and potentially reach $10 by 2029. Technical indicators suggest bullish trends, and Cardano is pursuing strategic alliances, including an integration with XRP for its Lace Wallet, aimed at enhancing ecosystem adoption and price performance.
