Cardano's latest report highlights the work done by various teams over the past week.
ADA has fallen 1.7% in the last 24 hours, and the indicator shows that it's been a few days.
#Cardano [ADA] developers have been working hard over the past week as #blockchain developer activity has increased. Blockchain recently published a weekly report highlighting the efforts of various teams. On the other hand, ADA's price momentum has been bearish.
AMBCrypto's analysis of Santiment data showed that after a drop in the charts, #ADA developer activity has increased significantly over the past week.
In addition, the number of development participants also remained high last week. These are positive developments, as higher development means that more effort has been put into improving the blockchain.
Input Output Global recently published a weekly report. It highlights what new developments have taken place in the Cardano ecosystem over the past 7 days.
First of all, the Lace team released Lace v. A. , a new update that improves the functionality of #Nft . 1.11. With the update, you can now customize your favorite avatars for NFT and other wallets.
The Mithril team, a division of the ADA scaling team, has released a new distribution of 2418.1. This update was designed to prevent memory fragmentation.
In addition, the weekly development report also provides updated statistics on the Cardno blockchain. According to the report, the total number of ADA native tokens has reached 1,000 million.
The total number of transactions on the blockchain also exceeds 9000 million, which looks promising.
While developers were hard at work last week, ADA bulls also stepped up, with the token's value rising by almost 4% in the last 7 days.
But in the last 24 hours, the trend has reversed, with ADA falling 1.7%. According to CoinMarketCap, at the time of writing, ADA was trading at 0.4676 with a market capitalization of over $ 16.6 billion.
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