Ethereum and Cardano Lead Development Activity As Crypto Market Rebounds
2025-07-02 21:19:22
Main Idea
Ethereum and Cardano lead in development activity as the crypto market rebounds, with both cryptocurrencies experiencing price gains and strong GitHub activity.
Key Points
1. Ethereum and Cardano saw price rebounds of 5% and 9%, respectively, on July 2, 2025.
2. Ethereum's development team ranks 13th most active on GitHub, driven by interest in scaling and Layer-2 networks.
3. Cardano's development team is 4th most active on GitHub, supporting its research-driven goals.
4. Bitwise CIO Matt Hougan predicts $10 billion inflows into cryptocurrency ETFs in the second half of 2025.
5. ADA rebounded from a low of $0.536 to above $0.559 despite forming a death cross on its hourly chart.
Description
Ethereum and Cardano rally with rising development activity
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