- Cardano has surpassed Ethereum in core developer activity, signaling growing momentum and renewed investor interest in the ADA ecosystem.
- With bullish technical indicators and strong development support, ADA may be poised for further price gains if key levels hold.
Cardano is rewriting its narrative in the crypto space after surpassing Ethereum in core developer activity over the past year. Once labeled a “ghost chain,” the Cardano ecosystem is now surging with new development, reigniting bullish sentiment for its native token, ADA.
Developer Activity Flip: Cardano Surpasses Ethereum
According to data from Cryptometheus, Cardano has recorded 21,439 GitHub commits across 550 core repositories in the past 12 months, edging past Ethereum’s 20,962 commits. This rise in development reflects increasing engagement across Cardano’s 12 primary projects and an expanding ecosystem that now includes 36 projects and over 4,200 repositories.
This momentum marks a notable shift in perception. Developer activity is a crucial indicator of a blockchain’s growth and future potential, and Cardano’s surge is reshaping how the market values the project.
Hoskinson Predicts Ethereum’s Decline
Fueling the discussion further, Cardano founder Charles Hoskinson has predicted a bleak outlook for Ethereum. He anticipates the platform will face a major decline by 2040 due to its “outdated tech,” fragmented layer 2 solutions, and lack of on-chain governance.
Cardano Founder: "I don't think #Ethereum will survive more than 10 years." pic.twitter.com/BB1QRmhM2k
— Altcoin Daily (@AltcoinDailyio) April 23, 2025
Hoskinson advocates for Ethereum to adopt elements similar to Cardano’s Ouroboros-Leios consensus and RISC-V based virtual machines, arguing that its failure to evolve will allow newer, more adaptable ecosystems to take the lead.
ADA Technical Outlook: Crucial Price Levels Ahead
At the time of writing, ADA is trading around $0.70, near the 0.618 Fibonacci level ($0.6910). This level is a key support zone that often signals a continuation of bullish trends if held.
If ADA maintains its position above this level, the next targets could be the 1.0 Fibonacci level at $0.7533 and potentially the 1.618 level at $0.8509. However, a drop below $0.6910 could trigger a pullback to $0.654.
The MACD indicator also signals bullish momentum, with the MACD line crossing above the signal line and green histogram bars growing. Though not yet decisively strong, the current trend favors buyers.
As Cardano strengthens its developer ecosystem and challenges Ethereum’s dominance, investors are watching ADA closely. If the bullish signals hold, ADA could be gearing up for a significant move.
ALSO READ:Cardano Seals Partnership with World Mobile to Power Decentralized Connectivity
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