Cardano falls behind Hedera, Optimism, and Chainlink

Recent market data shows Cardano (ADA) falling behind popular altcoins Hedera (HBAR), Optimism (OP), and Chainlink (LINK) in a metric measuring developer activity. Experts believe this could signal shifting market innovation and provide helpful information for trading and investing. 

Amid the shifting market trends, ETFSwap (ETFS) has quickly established itself as the new wave of innovation. The new platform is currently on presale and has been a great investment pick for potential high gains.

Investors show high confidence in ETFSwap (ETFS) presale

ETFSwap has sent a wave of confidence across early investors as the platform emerges as an innovative solution to ETF trading. The new DeFi platform aims to democratize access to the global ETF market via tokenized ETFs, and the ongoing presale has provided early entry to investors. Leveraging the Ethereum blockchain, ETFSwap (ETFS) will provide efficient trading services alongside enhanced security and transparency.

The new platform will offer tokenized ETFs backed by real securities bought from traditional markets. These ETF assets will cover multiple industries, such as healthcare, energy, technology, commodities, etc. Additionally, the platform will collaborate with MiCa-compliant regulated investment banks that deal in crypto and securities trading to ensure cross-compatibility of these assets.

ETFSwap will facilitate benefits such as fast settlements, seamless crypto-to-ETF swaps, passive staking income, liquidity access, lower trading costs, and more. The ETF trading platform will also not require users to provide KYC information. The permissionless trading on ETFSwap (ETFS) allows users to trade ETFs and crypto in DeFi mode.

Furthermore, ETFSwap has benefited from the bullish narrative surrounding ETFs, with spot Ethereum ETFs expected to launch and the new spot Solana ETF applications. This has further lent bullish prospects for the new platform as investors continue to capitalize on the opportunity to get and bet on the next big break-out coin.

Hedera (HBAR) and Chainlink (LINK) take center stage from Cardano (ADA)

Cardano (ADA) falls behind Hedera (HBAR), Chainlink (LINK), and Optimism (OP) in a recent list of the top coins by development frequency published by Santiment. Cardano has been a top network for high-developer activity in the past couple of years. Still, experts speculate that this may signal a significant shift in ecosystems to seek opportunities.

The top ten list featured other popular networks such as Cosmos (ATOM0, zksync (ZK), Starknet (STRK), and Aptos (APT). However, the list is sorted by counting non-redundant developer activity from these networks. 

This means that the metric only considered original work or updates made on the networks. Activities like fixing bugs, updating documentation, adding new features or functionalities to existing codes, etc., do not count toward this metric.

Moreover, Hedera and Chainlink take the top spots on the list, spotlighting the growing narrative around tokenization and real-world assets. Another tweet highlighted that the Chainlink team has been working on an Oracles & CCIP integration for Hedera, as Github activity reveals.

Chainlink (LINK) and Hedera (HBAR) have shown bullish price trends in the past year compared to Cardano (ADA), which may signal significant investment rotations to capitalize on new market trends. While Chainlink and Hedera present some exposure to the growing market for tokenization, investors are finding better alternatives. 

Conclusion

Cardano (ADA) falls short of Hedera (HBAR) and Chainlink (LINK) in development activity, and this also highlights the prospects around tokenized assets. However, ETFSwap (ETFS) offers a much better opportunity to bet on the prospects of tokenized and real-world assets.

The new platform for trading tokenized ETFs offers early entry as the presale sells out for $0.01831. The price is expected to increase to $0.03846 over the next several days, securing over 100% profits for early investors.

For more information about the ETFS presale:-

Visit ETFSwap Presale

Join The ETFSwap Community

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