Most of the top 100 tokens are red today. But despite the market uncertainty, it’s business as usual for Cardano (ADA).
Github activity data puts the number five token as the most active of all projects. Also, with the Fund4 Project Catalyst (PC) vote opening next Tuesday, ADA holders will have the opportunity to shape Cardano’s future further.
Despite fears of a price dip, Cardano continues working on its long-term ambitions.Cardano continues leading Github activity
Data from research firm CryptoDiffer shows, over the last 30 days to June 4, Cardano was the most active crypto project on GitHub, with 436 commits. Polkadot closely followed this with 407 commits. Whereas, Ethereum ranked fifth with 271 commits.
Coincidently, this was a similar pattern observed regarding the state of staking, at the end of April, with each respective project also ranking first, second, and fifth.
What’s noteworthy is that a snapshot of data from this time last year also shows Cardano leading the pack in Github activity. Back then, Ethereum placed third, while Polkadot was not listed.Last year this year #Cardano always on top 🏆 ⚡⚡ pic.twitter.com/O1jlKDG74O — Darren N ☘🇮🇪 (@CryptoIRELAND1) June 7, 2021
Given the flood of projects expected after Fund4 closes, it’s likely Cardano will widen its activity gap against Polkadot.Fund4 Project Catalyst
PC refers to an experiment in community innovation to build a framework turning ideas into impactful real-world projects.
Initially launched at the end of Q3 2020, PC falls under the Voltaire governance phase of the Cardano roadmap.
“With the introduction of a voting and treasury system, network participants will be able to use their stake and voting rights to influence the future development of the network,” it reads.
Its goal is to achieve high levels of community collaboration to seed the best, most popular ideas with funding through the community’s say-so....