Polkadot

Over the previous week, the price of Polkadot increased by about over 8% amid the network seeing the most developer activity according to recent data from <a href="https://coinmarketcap.com/currencies/polkadot-new/" rel="noopener noreferrer nofollow">CoinMarketCap</a>. At the time of publication, DOT, Polkadot’s native token, was trading at $6.46, beginning the week with no change in the price following a busy week.Yet, while DOT has started the week in a neutral position, the Polkadot <a href="https://blockchainreporter.net/glossary/digital-asset-ecosystem/" rel="noopener noreferrer nofollow">ecosystem</a> continues to see significant development activity, which, when paired with other indications, offers insight into the future of both Polkadot and DOT.Compared to other blockchains like Cardano and <a href="https://blockchainreporter.net/ethereum/" rel="noopener noreferrer nofollow">Ethereum</a>, Polkadot has more daily development activity on GitHub.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/98c5119487b0476cb83cddf6ff0172ee.png" />In terms of development activity, according to a tweet from ProofofGitHub earlier today, Polkadot is leading, followed by Osmosis Network, Cardano, SSV Network, and Ethereum, in that order.Throughout the last week, Polkadot has seen a high pace of <a href="https://blockchainreporter.net/glossary/decentralized-applications-dapps/" rel="noopener noreferrer nofollow">dApps</a> development activity, and the pattern appears to be holding over into the upcoming week.<h2 id="header-0">Why such development activity?</h2>Within its infrastructure, <a href="https://polkadot.network/" rel="noopener noreferrer nofollow">Polkadot</a> has a number of chains that run a variety of decentralized apps (dApps).A robust team of developers and contributors committed to Polkadot’s success may be indicated by the project’s high level of development activity. DOT and other Polkadot ecosystem coins may see increasing momentum if projects achieve a critical mass.

Polkadot Dominates in Developer Activity

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BlockchainReporter

Alte articole publicate pe 20 mar. 2023

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