Cardano has overtaken Ethereum in core developer activity over the last 12 months, with 21,439 GitHub commits compared to Ethereum's 20,962, boosting institutional and community confidence.
Cardano's developer activity surge includes 550 repositories and 12 core projects, with the broader ecosystem comprising over 36 active projects across nearly 4,300 GitHub repos, showcasing a vibrant and committed developer community.
Founder Charles Hoskinson predicts Ethereum could face obsolescence by 2040 if it doesn't address its scaling issues, while Cardano continues to mature, focusing on ecosystem expansions like Lace-XRP integration.
Market sentiment for ADA is positive as it holds a key support level, showing technical strength with a forming golden cross. Analysts predict a potential rally for ADA, with holders preparing for a breakout, despite the current trading price of approximately $0.697.