What’s causing Cardano’s development activity to spike?

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What’s causing Cardano’s development activity to spike?
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Cardano’s scalability team launched the Mithril protocol’s mainnet beta. The blockchain’s weekly on-chain performance also looked encouraging.

Santiment’s chart pointed out that Cardano’s development activity started to shoot up on 25 July 2023, along with its contribution count, which spiked four times after last week’s major update.The blockchain took a major step last week towards its goal of increasing scalability under the BASHO Era.’s team launched the Mithril protocol’s mainnet beta, which is now open for signer registrations, and its genesis certificate has been created.

While the Mithril team released the new update, the Hydra team updated the specifications to align with recent off-chain protocol changes. They also completed the refactoring of the snapshot emission in preparation for event-sourced protocol logic. This week, the Plutus tools team worked on improving error reports for Marconi, while the Plutus core team added new built-ins for Keccak-256, which will enhance compatibility with Ethereum.Apart from the development activity, the weekly report also highlighted the blockchain’s updated stats. For instance, its total number of transactions reached 72.3 million. Cardano’s native tokens exceeded 8 million, while its token policies reached 77,615.

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