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Published: February 16, 2024
- Cardano and Polkadot rank high in advancement activity.
- ADA and DOT see uptrends and decreases.
Cardano [ADA] and Polkadot [DOT] have regularly kept their leading positions in regards to networks with a lot of advancement activity. Significantly, ADA has actually exceeded DOT in the most recent ranking.
Cardano and Polkadot safe 2nd and 3rd positions
Current information from Santiment exposed that in a 30-day advancement activity ranking, Cardano protected the 2nd position, and Polkadot declared the 3rd area.
Remarkably, Dfinity Internet Computer took the very first position in this most current ranking. A historic analysis of the advancement activity ranking showed that both Cardano and Polkadot have actually regularly held the leading 2 positions with time.
The information defined that Cardano tape-recorded a rating of 434.3, while Polkadot achieved a rating of 431.33 in the last 30 days.
The existing Cardano and Polkadot dev activity pattern
An evaluation of the advancement activity for Cardano and Polkadot revealed significant uptrends in January. The charts revealed that both networks experienced substantial decreases in the months leading up to January, reaching their floors in months.
In early January, Cardano dropped to roughly 50 before concluding the month at around 135. Polkadot saw a drop to around 39 in January however rebounded to about 152 by the end of the month.
Source: Santiment
At the time of this writing, Cardano’s advancement was around 120, while Polkadot’s was at 107. Significantly, the charts likewise revealed a decrease in advancement activities for both networks in February.
Source: Santiment
How the ADA and DOT rates have actually trended
An analysis of the Cardano rate pattern revealed a boost of over 11% in the last 48 hours. The chart showed a 5.87% increase on 14th February and an extra 5.55% boost on 15th February.
This upward momentum brought the ADA rate to the $0.6 level. At the time of this writing, it experienced a 1.8% decrease however kept the $0.6 cost level. The Relative Strength Index (RSI) for ADA suggested a strong bull pattern, with the RSI above 65.
Source: Trading View
Just how much are 1,10,100 ADAs worth today
The Polkadot (DOT) rate chart showed uptrends in the last 48 hours, albeit not as robust as ADA’s. DOT included around 6%, however it was experiencing a decrease at the time of this writing.
It traded at around $7.7, with a decline of less than 1%. The RSI for Polkadot showed a strong bull pattern too, with the RSI above 60 at the time of this writing.
Source: Trading View
