Recent reports show that Cardano (ADA) is becoming more preferable among smart contract developers.
According to the latest data from Cardano Blockchain Insights, it shows that Cardano is getting more popular among Web3 developers to deploy smart contracts. The number of smart contracts deployed on the Cardano network has grown by 100 times in just 2 weeks after the Vasil hard fork got live on the Cardano blockchain network.
The Cardano community seems to be doing pretty well in terms of development. As per some reports, The topmost preferable blockchain networks for smart contract development and deployment consist of Ethereum (ETH), BNB, Solana, Polkadot, Fantom, Avalanche and of course Cardano. Also, Cardano has been seeing the highest number of activities and active users on Github.
The Cardano community is very bullish and the investors are optimistic about the future of ADA. At the time of writing this article, Cardano (ADA) is ranked #8 in the global cryptocurrency ranking and is trading at $0.39 with a market cap of $13.4 Billion.
>> Disclaimer Risk warning:- Cryptocurrency Investment is subject to high market risk. The information on our website is for educational purposes only. Please do your own research before investing anywhere, we will not be responsible for your investment losses.