Cardano, Terra, Polkadot: faster growth than Ethereum

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3/3

Terra Total Value Locked

2/3

Investing.com – For Cardano, and, Thursday, January 6, 2022 is not looking good at all. The price falls -9.64%, collapses -12.24% and -12.92%.

Cardano : Samsung (KS 🙂 (F: SAMEq) participates in the ADA-based Veritree project to plant 2 million mangroves in Madagascar. This initiative raised hopes for a more extensive collaboration between Samsung and Cardano.

Obviously, contacts have already been made between Cardano founder Charles Hoskinson and the tech group.

Hoskinson had shared on Twitter (NYSE 🙂 a photo of his trip to the Consumer Electronics Show (CES) in Las Vegas. Samsung did not take long to react. We wish Hoskinson a good trip there.

We look forward to seeing the possibilities that will arise from this contact in the future.

Terra : For LUNA, the year started with a thunderclap. According to data from DeFi LIama, this is the second largest DeFi project behind.

The growing interest in Terra has recently caused its price to rise sharply. He thus succeeded in making climb the Total (PA 🙂 Value Locked (TVL) at $ 18 billion, which allowed it to dethrone Binance Smart Chain from second place.

TVL is a valuation metric that, in the DeFi industry, is used to measure how much capital is committed in this area.

Polkadot : The development of the DOT blockchain continues at a faster pace than any other project in this field.

Ethereum remains the undisputed number one in terms of developer count (4,011), but in terms of programming growth, Polkadot has eclipsed all other blockchains.

Around 1,400 developers are currently working on Polkadot, while less than 1,800 days have passed since the first line of code. After this period, Ether had only 1,000 active programmers, as the Electric Capital Developer Report 2021 showed.

Binance Smart Chain is starting as strong as Polkadot, but lately developers seem to be looking for better development opportunities.

By Marco Oehrl

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