global 720 crypto positive
Cardano has seen a surge in development activity in September, with developers consistently driving the network’s progress. According to the latest chart from CryptoDep, Cardano topped the chart for developer activity over the past 30 days with a score of 572, even during the crypto market slowdown. This puts the network ahead of projects such as Polkadot, Hedera, Chainlink, and Cosmos.Despite facing a setback in the second half of 2023, Cardano has made a comeback with a significant increase in developer activity. This demonstrates that the team has not given up despite the underwhelming price performance. Polkadot and Chainlink follow closely behind Cardano with 501 and 388 scores, respectively.The total value locked in Cardano has also increased, exceeding 615 million ADA after weeks of stagnation. This is due to the thriving DeFi projects running on top of it. Minswap, the largest decentralized exchange on Cardano, has seen a notable spike across various metrics after months of low activity. Over the past 30 days, the platform’s UAW was up by more than 7% to 19.92k, while its volume witnessed a boost of over 943% and its transaction count was recorded to be at 451.19k after a 15% increase.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Global
Countries
Sentiment positive
Relevance Score 8
People None
Companies Aptos, Polkadot, PrimeXBT, Minswap, Avalanche, Hedera, Chainlink, Binance, Cosmos
Currencies Polkadot, Cardano, Cosmos Hub, Hedera, Chainlink
Securities None

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