Interoperability blockchain Polkadot (DOT) and its canary test network Kusama (KSM) continue to outrun the rest of the crypto space in terms of development activity, according to the crypto analytics firm Santiment.
Santiment notes that Polkadot and Kusama both registered 527.7 notable GitHub commits in the past 30 days, leading all other crypto projects.
The analytics firm says that high levels of development activity can indicate developers have faith a crypto project will be successful. Development activity also indicates that a crypto project could be shipping new features, and it decreases the possibility that a crypto asset is an exit scam, according to Santiment.
Santiment notes that it doesn’t count routine updates and used “advanced methodology” to collect data for “true” GitHub commits only.
DOT is trading at $5.23 at time of writing. The 14th-ranked crypto asset by market cap is down more than 6.4% in the past seven days.
KSM is trading at $23.09 at time of writing. The 161st-ranked crypto asset by market cap is down more than 2% in the past week.Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney