- Cardano and Polkadot rank high in development activity.
- ADA and DOT see uptrends and declines.
Cardano [ADA] and Polkadot [DOT] have consistently maintained their top positions in terms of networks with most development activity. Notably, ADA has surpassed DOT in the latest ranking.
Cardano and Polkadot secure second and third positions
Recent data from Santiment revealed that in a 30-day development activity ranking, Cardano secured the second position, and Polkadot claimed the third spot.
Surprisingly, Dfinity Internet Computer took the first position in this latest ranking. A historical analysis of the development activity ranking indicated that both Cardano and Polkadot have consistently held the top two positions over time.
The data specified that Cardano recorded a score of 434.3, while Polkadot attained a score of 431.33 in the last 30 days.
The current Cardano and Polkadot dev activity trend
An examination of the development activity for Cardano and Polkadot showed notable uptrends in January. The charts showed that both networks experienced significant declines in the months leading up to January, reaching their lowest points in months.
In early January, Cardano dropped to approximately 50 before concluding the month at around 135. Similarly, Polkadot saw a drop to around 39 in January but rebounded to about 152 by the end of the month.
Source: Santiment
At the time of this writing, Cardano’s development was around 120, while Polkadot’s was at 107. Notably, the charts also showed a decline in development activities for both networks in February.
Source: Santiment
How the ADA and DOT prices have trended
An analysis of the Cardano price trend showed an increase of over 11% in the last 48 hours. The chart displayed a 5.87% rise on 14th February and an additional 5.55% increase on 15th February.
This upward momentum brought the ADA price to the $0.6 level. However, at the time of this writing, it experienced a 1.8% decline but maintained the $0.6 price level. The Relative Strength Index (RSI) for ADA indicated a strong bull trend, with the RSI above 65.
Source: Trading View
How much are 1,10,100 ADAs worth today
Similarly, the Polkadot (DOT) price chart demonstrated uptrends in the last 48 hours, albeit not as robust as ADA’s. DOT added around 6%, but it was experiencing a decline at the time of this writing.
It traded at around $7.7, with a decrease of less than 1%. The RSI for Polkadot indicated a strong bull trend as well, with the RSI above 60 at the time of this writing.
Source: Trading View
