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This Is What Polkadot (DOT) and Kusama (KSM) Have that Cardano (ADA) Doesn’t

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VOC, Voice of Crypto, Polkadot, DOT

When it comes to development activity, networks like Cardano and Polygon have been doing very well for themselves over the past few months. However, no other network has been observed close to the rate of development activity on Polkadot and Kusama.

Kusama is a public pre-production environment for Polkadot. A scalable network of specialized blockchains that allows developers to create and test new blockchains or applications before launch.

Polkadot, on the other hand, is one of the biggest contenders against Ethereum.

Crypto analytics firm Santiment has noted in the past few days that both of these networks had the highest number of non-spam GitHub commits compared to Cardano, the third most active network in development activity.

According to Santiment, if one decided to diversify their portfolios according to which networks had the highest development activity score, then Kusama and Polygon would have the upper hand against Cardano.

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Kusama (KSM) v/s Cardano (ADA)

Kusama stands as the 91st cryptocurrency on the market by capitalization. It has seen a price increase of 4.67% in the past 24 hours. However, its trading volume is also at a low within the same timeframe, with a drop of almost 30%.

Data from CoinMarketCap showing on and off-chain information about Kusama, Cardano

Data from CoinMarketCap showing on and off-chain information about Kusama | Source: CoinMarketCap

Kusama is about $43 at the time of writing and has a market cap of $364 million.

Polkadot (DOT)

Polkadot is worth about $6.4 at the time of writing. It is ranked 11th on the market by capitalization and has seen a price increase of about 2.21% in the last 24 hours.

Data from CoinMarketCap showing on and off-chain information about Polkadot, Cardano

Data from CoinMarketCap showing on and off-chain information about Polkadot | Source: CoinMarketCap

Like Kusama, the trading volume on Polkadot has been on the low side over the last 24 hours.

Its market cap sits at around $7 billion and is on a 2.17% high over the last 24 hours. As with development activity on the network, the developers in charge have released a new roadmap this week, detailing some major changes that will be applied to its operations over the coming months.

These updates will boost parachain stability, relay-chain governance, and parachain development.

Rober Habermeler, the co-founder of Polkadot, also stated that the planned modifications would help Polkadot become bigger and acquire several capacities ranging from Next Generation Scheduling and Nomination Pools.

 

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Disclaimer: The author’s comments and recommendations are solely for educational and informative purposes. They do not represent any financial or investment advice. Always DYOR  (do your own research)

 

 

 

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Adekunle Joshua is a cryptocurrency writer. He has a deep understanding of the technology and how it can be used to improve the world. James is a strong advocate for using cryptocurrency to make the world a better place. He wants to help people understand the technology and use it to improve their lives.

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