Cardano (ADA) and Polkadot (DOT) were once pitched as Ethereum’s biggest challengers. Fast forward to today, and the question on everyone’s mind is which of these networks is still alive. Here’s a look at their numbers, and which one looks better placed to survive the long game. Who’s building, and who’s showing up?
Development activity on both Cardano and Polkadot has stayed active, but DOT might be more consistent. While both saw dips during market slowdowns, Polkadot’s developer activity rebounded faster and often. There’s a greater contrast with user activity though. Polkadot’s daily active addresses have been in the low thousands and spike only occasionally.
Cardano, on the other hand, still attracts far more users, with monthly active addresses in the hundreds of thousands. Cardano’s TVL has been steadily trending down over recent months, so capital is drifting away. That said, ADA still sees occasional spikes in app fees.
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