{"id":506609,"date":"2022-10-17T17:00:55","date_gmt":"2022-10-17T17:00:55","guid":{"rendered":"https:\/\/wncen.com\/?p=506609"},"modified":"2022-10-17T11:41:02","modified_gmt":"2022-10-17T11:41:02","slug":"what-zombiechain-cardano-tops-blockchains-in-active-developer-counts","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/cardano\/what-zombiechain-cardano-tops-blockchains-in-active-developer-counts\/","title":{"rendered":"What Zombiechain? Cardano Tops Blockchains In Active Developer Counts"},"content":{"rendered":"<p class=\"p2\">Cardano has often come under fire from those in the crypto space who have often mocked the apparent \u2018lack of growth&#8217; of the network. This has been especially more prominent when it comes to the decentralized finance (DeFi) part of the blockchain, as it continues to remain well behind its counterparts in the sector. However, the talks of Cardano being a \u2018dead\u2019 blockchain could not be further from the truth given how much development is being carried out.<\/p>\n<h2 class=\"p2\">One Of The Most Active<\/h2>\n<p class=\"p2\">The developments that are being carried out on the Cardano network go to show just how much the blockchain is being worked on. It is in the nature of crypto investors to judge blockchains basically based on the hype they get and not the actual development being carried out, which has not been a good trend for the space.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/crypto\/why-you-should-start-paying-attention-to-football-fan-tokens\/\">Why You Should Start Paying Attention To Football Fan Tokens<\/a><\/div>\n<p class=\"p2\">About two weeks ago, Ethereum maximalist Evan Van Ness had taken to Twitter to call Cardano a zombiechain, mocking the low activity on the network. However, the stats are in and Cardano has been shown to be one of the networks with the most development being carried out.<\/p>\n<p class=\"p2\">In the report by Coin98 Analytics, Cardano was the 2nd blockchain with the most active developer counts. It ranked only behind Ethereum and was ahead of beloved blockchains in the space. It is ranked ahead of big hitters such as Solana, Polkadot, and Bitcoin.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Ranking of active developer counts:<\/p>\n<p>1. Ethereum<br \/>2. Cardano<br \/>3. Polkadot<br \/>4. Cosmos<br \/>5. Solana<br \/>6. Near<br \/>7. Hedera<br \/>8. Elrond<br \/>9. Bitcoin<br \/>10. Polygon<br \/>11. Celo<br \/>12. Algorand<br \/>13. Avalanche<br \/>14. Waves<br \/>15. Optimism<br \/>16. Mina<br \/>17. Tron<br \/>18. Fantom <a href=\"https:\/\/t.co\/M4dDfFImaG\" rel=\"nofollow\">pic.twitter.com\/M4dDfFImaG<\/a><\/p>\n<p>&mdash; Coin98 Analytics (@Coin98Analytics) <a href=\"https:\/\/twitter.com\/Coin98Analytics\/status\/92796161?ref_src=twsrc%5Etfw\" rel=\"nofollow\">October 15, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2 class=\"p2\">Cardano (ADA) On The Charts<\/h2>\n<p class=\"p2\">Over the last year, Cardano has been hit worse than some other blockchains in terms of price. It has declined more than 88% from its all-time high price and has not shown the best strength in the bear market so far, but there is still some fight left in the digital asset.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/wdFbfXYe\/\" alt=\"Cardano (ADA) price chart from TradingView.com\" width=\"3284\" height=\"1760\"><\/p>\n<pre style=\"text-align: center\">ADA price falls to $0.37 | Source: <a href=\"http:\/\/TradingView.com\" rel=\"nofollow\">ADAUSD on TradingView.com<\/a><\/pre>\n<p class=\"p2\">A report from CryptoQuant put the digital asset in an oversold position given its Relative Strength Index (RSI), which means that a recovery may be in the works for the digital asset. But the general market sentiment has not spelled good fortune for the digital asset. There could be more sell-offs to happen with the digital asset in the coming days.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-shakes-off-bears-following-cpi-release-but-will-this-last\/\">Bitcoin Shakes Off Bears Following CPI Release, But Will This last?<\/a><\/div>\n<p class=\"p2\">Some indicators have put the price of Cardano below $0.25 before it will mark its market bottom but in the meantime, the digital asset has been able to hold firmly above $0.35, a point that has become critical support for the cryptocurrency.<\/p>\n<p class=\"p2\">The active developments on the blockchain paint a bull case for the cryptocurrency. IOG, the developer behind the Cardano network, has confirmed that there are already 102 projects that have been deployed on the blockchain so far, and there are now 6.4 million native tokens spanning more than 63,000 token policies.<\/p>\n<pre style=\"text-align: center\">Featured image from Analytics Insight, chart from TradingView.com<\/pre>\n<p><span class=\"s1\"><b><i>Follow <\/i><\/b><a href=\"https:\/\/twitter.com\/BestOwie\" rel=\"nofollow\"><b><i>Best Owie on Twitter<\/i><\/b><\/a><b><i> for market insights, updates, and the occasional funny tweet\u2026<\/i><\/b><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano has often come under fire from those in the crypto space who have often mocked the apparent \u2018lack of growth&#8217; of the network. This has been especially more prominent when it comes to the decentralized finance (DeFi) part of the blockchain, as it continues to remain well behind its counterparts in the sector. However, the talks of Cardano being a \u2018dead\u2019 blockchain could not be further from the truth given how much development is being carried out. One Of The Most Active The developments that are being carried out on the Cardano network go to show just how much the blockchain is being worked on. It is in the nature of crypto investors to judge blockchains basically based on the hype they get and not the actual development being carried out, which has not been a good trend for the space. Related Reading: Why You Should Start Paying Attention To Football Fan Tokens About two weeks ago, Ethereum maximalist Evan Van Ness had taken to Twitter to call Cardano a zombiechain, mocking the low activity on the network. However, the stats are in and Cardano has been shown to be one of the networks with the most development being carried out. In the report by Coin98 Analytics, Cardano was the 2nd blockchain with the most active developer counts. It ranked only behind Ethereum and was ahead of beloved blockchains in the space. It is ranked ahead of big hitters such as Solana, Polkadot, and Bitcoin. Ranking of active developer counts: 1. Ethereum2. Cardano3. Polkadot4. Cosmos5. Solana6. Near7. Hedera8. Elrond9. Bitcoin10. Polygon11. Celo12. Algorand13. Avalanche14. Waves15. Optimism16. Mina17. Tron18. Fantom pic.twitter.com\/M4dDfFImaG &mdash; Coin98 Analytics (@Coin98Analytics) October 15, 2022 Cardano (ADA) On The Charts Over the last year, Cardano has been hit worse than some other blockchains in terms of price. It has declined more than 88% from its all-time high price and has not shown the best strength in the bear market so far, but there is still some fight left in the digital asset. ADA price falls to $0.37 | Source: ADAUSD on TradingView.com A report from CryptoQuant put the digital asset in an oversold position given its Relative Strength Index (RSI), which means that a recovery may be in the works for the digital asset. But the general market sentiment has not spelled good fortune for the digital asset. There could be more sell-offs to happen with the digital asset in the coming days. Related Reading: Bitcoin Shakes Off Bears Following CPI Release, But Will This last? Some indicators have put the price of Cardano below $0.25 before it will mark its market bottom but in the meantime, the digital asset has been able to hold firmly above $0.35, a point that has become critical support for the cryptocurrency. The active developments on the blockchain paint a bull case for the cryptocurrency. IOG, the developer behind the Cardano network, has confirmed that there are already 102 projects that have been deployed on the blockchain so far, and there are now 6.4 million native tokens spanning more than 63,000 token policies. Featured image from Analytics Insight, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet\u2026<\/p>\n","protected":false},"author":541,"featured_media":506612,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16896],"tags":[12333,14643,79508,12332,87224,87223],"class_list":["post-506609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-adausd","tag-adausdt","tag-cardano","tag-cardano-developers","tag-cardano-development"],"acf":[],"yoast_head":"\n<title>What Zombiechain? 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This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/wncen.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"What Zombiechain? 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