According to Sanbase statistics, the Cardano network has had the most development activity in the previous 30 days. ADA had 362 activities among ten other top cryptocurrencies, including Ethereum, Polkadot, and Solana, whereas ETH had 273. DOT and Kusama followed ADA, each having 328 activities. While all of the currencies on the list have seen considerable depreciation in the previous 30 days, only ADA has shown a positive trend. Notably, with a market valuation of more than 16 billion USD, ADA is one of the top six cryptocurrencies in terms of market share.
As the Cardano blockchain grows in size, hard fork events occur to enhance the network by incorporating new advancements to the old blockchain. Input Output Hong Kong (IOHK), Cardano's parent firm, will implement a new development milestone termed Vasil Hard Fork in August of this year. Cardano's capacity and performance will be enhanced with the Vasil update. IOHK just announced the release of Cardano node 1.35.0, the last candidate for the mainnet Vasil release. They also stated that they have completed all of the fundamental components of their program and that testing on the Plutus v2 code has yielded positive results.
Movement of Cardano since coming to the market. (Source: CoinDesk)
Sources:
https://www.coindesk.com/price/cardano/
https://www.forexinworld.com/cardano-has-perfect-construction-activities-in-30-days-file/
https://coinquora.com/cardano-has-highest-development-activities-in-30-days-report/