Data shows Cardano (ADA) has finally surpassed Polkadot (DOT) to become the number 1 cryptocurrency in development activity.

Cardano (ADA) saw its price crash alongside the rest of the crypto market on Thursday and those losses have carried on into Friday.

Cardano has seen its price plummet along with the crypto market as the bears continue to exert control over the space.

Cardano has declined by 5% during the past week, but on-chain data show that large investors have only continued to buy more.