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These Are the Top 10 Cryptocurrencies by ‘Notable Development Activity’ (Santiment)
The crypto market has been going through a turbulent period, with many cryptocurrencies experiencing significant price fluctuations. Amidst this uncertainty, it is essential to keep track of the developments in the space. To provide valuable insights into the latest trends, CryptoPotato takes a closer look at Santiment’s ‘notable development activity’ report.
According to Santiment, Internet Computer (ICP) has emerged as the top cryptocurrency by notable development activity, gathering a score of 409.63 points over the past month. This impressive performance is a testament to the growing popularity and potential of ICP.
In second place, we have Chainlink (LINK), which obtained a score of 287.07. Its steady growth in the market has not gone unnoticed, as it continues to garner significant attention from investors and developers alike.
Hedera (HBAR) is the third cryptocurrency on this list, boasting an impressive score of 242.85. As more users turn their attention to DeFi applications and scalability solutions like Hedera’s DLT technology, it is no surprise that its notable development activity has seen a significant spike.
In fourth place, we have Starknet (STRK), which has been on the rise with a score of 212.42. Its ability to bridge the gap between Ethereum-based dApps and Layer-1 protocols makes it an attractive option for developers looking for scalability.
Cardano (ADA) takes the fifth spot, with a respectable score of 193.18. Despite recent price fluctuations, its community remains steadfast in their support, making it essential to keep an eye on any developments.
Moving down the list, we have Optimism (OP), Polkadot, and other prominent cryptocurrencies, all showing impressive development activity numbers.
The report highlights the importance of a project’s community size, particularly focusing on developers actively contributing to the ecosystem. Santiment emphasizes that this metric is distinct from GitHub activity, which tracks various factors including commits, forks, comments, and more. This clear distinction allows for a fair comparison between different organizations, making it an invaluable tool for market participants.
For those new to the crypto space, Santiment’s ‘notable development activity’ report offers valuable insights into the latest trends in the industry. By tracking these changes, investors can make informed decisions and stay ahead of the curve.
This article is provided by CryptoPotato.
Source: cryptopotato.com
