Cardano top 3 Blockchain for development

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·@melbourneswest·
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Cardano top 3 Blockchain for development
![Cardano top 3 for development.jpg](https://images.hive.blog/DQmZg24mwuN18NqwXGDJGahSYVwVSC85YcLL2qTPx2hSt1P/Cardano%20top%203%20for%20development.jpg)
### Cardano top 3 Blockchain for development
As the saying goes those who build in the bear market profit in the bull season and it looks like people have been keeping an eye on what blockchains are doing what in preparation for the next Bull run.

You might think Ethereum is in top spot given it's well known name and stability but according to [insights](https://insights.santiment.net/read/looking-at-the-current-top-20-fastest-developed-assets-in-crypto-7289?utm_source=twitter&utm_medium=post&utm_campaign=twitter_top_20_developed_assets_in_crypto_insight_b_042623/&fpr=twitter) development wise it is ranking 8th. So while Ethereum is still within the top 10 of activity it isn't as high as some emerging chains. 

So who are the top chains attracting all the development and building new projects? Let's take a look. 

![ce38b26da4d33b956ca6d55a8cb4781764176252786dd1aea8dd23a26eaf7e0f_1682553345922_Screenshot 20230426 165541 1.png](https://images.hive.blog/DQmPA9uo33oNwZUVtjQsGAF6pHV6VEKQawijcxoFkgZZUWA/ce38b26da4d33b956ca6d55a8cb4781764176252786dd1aea8dd23a26eaf7e0f_1682553345922_Screenshot%202023-04-26%20165541%20(1).png)
[image source](https://insights.santiment.net/read/looking-at-the-current-top-20-fastest-developed-assets-in-crypto-7289?utm_source=twitter&utm_medium=post&utm_campaign=twitter_top_20_developed_assets_in_crypto_insight_b_042623/&fpr=twitter)
### Top Blockchains currently being developed 
Ranked #1 is quite surprising with Kusama then Polkadot and in their place is Cardano followed by Cosmos. Cardano is an interesting blockchain especially to be in their position given the blockchain was developed through an Ethereum split. 

Cardano is building more on it than Ethereum is currently which many investors are keeping a close eye on as Cardano has long been said to one day increase in value. Given the peak in development it looks like to project is developing something but we're going to have to wait and find out. 

Cosmos development is also exciting as it is a chain that has been relatively stable and managed to pull through after the Terra (Luna) Collapse and given that it survived that incident there is big hope for Cosmos in the future. 

![Screenshot 20230501 003123.png](https://images.hive.blog/DQmcRu7rBvkmhMB3Yafbo8V1PYs8NaHws1LyqGzExryoyrQ/Screenshot%202023-05-01%20003123.png)
[image source](https://coinmarketcap.com/currencies/cardano/)
### Cardano outlook 
The current market price of Cardano is [$US0.40c](https://coinmarketcap.com/currencies/cardano/) at time of writing indicating the token is trending down currently despite the broader crypto market moving in an upward trend. It is uncertain how well Cardano will perform in the next bull run but some punters are betting on the token to be on of the digital currencies to gain ground in the next bull run. 

Despite the fact that strong development on Cardano network hasn't seen the same price increases as witnessed with other projects on the scale. 

The market overall seems to be recovering well from the FTX collapse with funding and investment returning to the sector which now sits at [$US1.2 Trillion dollars](https://coinmarketcap.com/charts/) having dipped below $US800 Million the increase has seen $US400 Million return in investment. 

How much inflation is making an impact on the sector is uncertain but what is certain is that Crypto currency is here to stay. 

*image sources provided supplemented by Canva Pro Subscription. This is not financial advice and readers are advised to undertake their own research or seek professional financial services.*


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