Cardano surpasses Ethereum in developers, but the community of ADA is not satisfied

The Cardano Network reached a historical milestone: the activity of its main developers has surpassed Ethereum during the last year.

According to data from the Cryptometheus platform, the ecosystem co -founded by Charles Hoskinson and Jeremy Wood in 2015 records 21,447 COMMITS In the last 12 months.

Before continuing, it should be explained that COMMITS They are records of changes made in the code of a project. Each of them represents a modification, correction or improvement that a developer keeps in a repository, such as Github. They are a way of measuring the activity and rhythm of development of a project, since they reflect how often it is updated or works on its source code.

The Cardano Network has demonstrated a high level of technical activity, With more than 550 key repositories and 37 projects in active development.

Among the 12 main projects, the most relevant developments are concentrated, although the activity is not limited to them: the participation of developers extends to more than 4,200 repositories linked throughout the network.

A greater participation of developers indicates that more people are building on the network, which promotes both adoption and the development of new use cases.

In addition, an active technical community tends to improve the quantity, quality and interoperability of decentralized applications (DAPPS) and decentralized finance solutions (defi) that are integrated into the ecosystem.

However, having surpassed Ethereum in this metric It has not translated into a clear impact on the price of Cardano (ADA)the native currency of the ecosystem, which has generated some frustration within its community.

At the time of the publication of this note, Ada’s price is 0.70 dollars, 77% below its maximum historical (ATH) of $ 3.10, reached in September 2021.

While technical development is important, Ada’s price suggests that real adoption, active use of the network and its market traction still They do not accompany the rhythm of ecosystem growth. For that reason, the gap still persists between its current price and its ATH.

In the Reddit social network, the members of the Cardano community gave importance to this milestone.

The user Slight86 said: “I am fed up with the narrative to overcome someone, let’s focus on our own success!”

For his part, the User Fidgetyrat commented: “I will not consider it a success until it makes something more useful than the meme coins or the price returns to 3 dollars.”

This comment mentions a historic debate doors inside the community of Cardano: What is the true use of the network?

As cryptootics has reported, you persist questions about its place and competitiveness in the market.

To illustrate this point, it is worth mentioning that Ethereum continues to dominate with DAPPs recognized as Uniswap and Aave, while Solana stands out for its speed and low rates thanks to projects such as Raydium.

That is, despite the activity in its network and the development of projects, Cardano has failed to capture a significant part of capital defiwhich generates doubts about its adoption against other networks.

This highlights even more if one takes into account that the total blocked value (TVL) of Cardano is 346 million dollars, according to Defillama data. Currently, it is well below 8,100 million dollars in Solana and the 52,000 million dollars of Ethereum.

The TVL is a metric that allows measuring how much capital is deposited in a protocol defi and serves as an indicator of its use, relevance and confidence level within the cryptocurrency ecosystem.

In exclusive dialogue with cryptootics, Charles Hoskinson said: “Cardano will be one of the largest and most decentralized ecosystems in the world in five years. The approach of our platform in constant and grounded growth, instead of striking innovations and short -term, feels the bases for long -term success.”

The gradual and sustainable approach is reflected in the recent improvements that Cardano is implementing, such as the advance towards scalability with layer 2 Hydra, which has reached 1 million transactions per second (TPS) in tests.

In addition, optimizations in the Ouroboros protocol seek to improve the speed of the network without compromising their decentralization, thus addressing one of the most recurring criticisms about its processing capacity.

But, and in the same line with the above, These are solutions that are already present in other networks.

Perhaps for that reason, many members of their community emphasize the lack of real use of Cardano and the need to stop looking at the competition.

The approach You should be to design specific use cases that validate your proposal And, as a result, drive the price of ADA above 3 dollars.