Though development activity was high, ADA’s chart remained red.
Cardano’s performance in DeFi was commendable, as its TVL spiked.
Cardano’s [ADA] development activity has surged constantly over the last seven days. This looked optimistic, as it suggested more efforts were being made by the developers to improve the network.
In fact, the blockchain recently posted its weekly report highlighting these efforts.
A look at Cardano’s development activity
AMBCrypto’s analysis of Santiment’s data revealed that Cardano’s development activity continued to increase throughout the last week. Not only that, but the blockchain’s total number of development activity contributors count also remained high.
Source: Santiment
The reason behind this surge could be found in the blockchain’s latest weekly development report, which was this year’s last edition.
As per the report, the core technology team pushed an update to provide teams with time to update their components in p
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