The ninth-largest cryptocurrency by market cap is leading in terms of blockchain development activity, according to analytics platform Santiment.
Santiment says that over a 30-day period, Cardano (ADA) is the top blockchain in terms of development activity with 502.57 GitHub commits over a 30-day period.
Smart contract blockchain Polkadot (DOT) and its canary test network Kusama (KSM) are in the second and third positions, respectively, both having 484.23 GitHub commits.
The peer-to-peer payments network Hedera (HBAR) comes in at number four, registering 353.67 GitHub commits.
The smart contract blockchain Aptos (APT), which launched its mainnet in October of 2022, lands at number five with 338.77 GitHub commits, followed by Status (SNT), a mobile browser and messenger designed to interact with Ethereum (ETH)-based applications, recording 335.87 GitHub commits.
The blockchain oracle Chainlink (LINK) and the interoperable blockchain Cosmos Hub (ATOM) take the seventh and eighth spots with 330.63 and 324.73 GitHub commits, respectively
Ethereum sits at number nine recording 287.67 GitHub commits, and derivatives trading-focused network Vega Protocol (VEGA) rounds off the list of the top ten blockchains by developer activity with 285.57 GitHub commits.
Santiment notes that it doesn’t count routine updates and uses “advanced methodology” to collect data for “true” GitHub commits only.
The analytics firm has previously said that heavy development activity centered around a crypto project is a positive indication that could mean developers believe the protocol will be successful or the project will soon be shipping new features. It also indicates that there is less possibility that the project is just an “exit scam.”
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inboxCheck 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
