Cardano's development activity and number of contributors have significantly increased, as reported in the latest edition of the weekly report by Input Output Global (IOG). This growth is attributed to the blockchain's efforts towards scalability under the BASHO Era, including the launch of the Mithril protocol's mainnet beta and updates to the Hydra team's specifications. Despite positive metrics such as stable whale transaction counts and relatively high daily active addresses, ADA's price has not responded accordingly and was down by 0.8% in the last seven days, trading at $0.3101 with a market capitalization of over $10.8 billion.