ADA Challenges Resistance as It Leads in Development Activity
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- Santiment revealed in an X post that Cardano recorded the highest level of development activity over the past 30 days.
- ADA was attempting to challenge the $0.2645 resistance level after it broke above the 50-day EMA line.
- At press time, ADA was changing hands at $0.2634 after a 0.13% gain.
The blockchain intelligence platform Santiment revealed in an X (formerly Twitter) post that Cardano (ADA) has recorded the highest level of development activity over the past 30 days. According to the post, Cardano pushed the highest number of notable Github commits throughout this past month.
— Santiment (@santimentfeed) October 6, 2023
Here are #crypto's top coins by development activity: notable #github commits, past 30 days:
1 @Cardano $ADA
T2 @Polkadot $DOT
T2 @kusamanetwork $KSM
4 @hedera $HBAR
5 @vegaprotocol $VEGA
6 @chainlink $LINK
7 @ethstatus $SNT
8 @dfinity $ICP
9 @cosmos $ATOM
10 @ethereum $ETH pic.twitter.com/LUSDsSmxw7
Meanwhile, ADA’s price was able to break above the 50-day EMA line over the past 24 hours, and continued to trade above this point at press time. Subsequently, the altcoin was attempting to challenge the $0.2645 barrier.
The post ADA Challenges Resistance as It Leads in Development Activity appeared first on Coin Edition.
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