Logo
Cardano Ecosystem

The Daily Hodl

02/16/2024

·

46 views


Cloud-Focused Web3 Altcoin Tops All Other Crypto Projects in Terms of Recent Development Activity: Santiment - The Daily Hodl

A cloud-focused Web3 altcoin has surged ahead of all other crypto projects in terms of recent development activity, according to the analytics firm Santiment. Santiment says the public decentralized network...

Cloud-Focused Web3 Altcoin Tops All Other Crypto Projects in Terms of Recent Development Activity: Santiment - The Daily Hodl

A cloud-focused Web3 altcoin has surged ahead of all other crypto projects in terms of recent development activity, according to the analytics firm Santiment.

Santiment says the public decentralized network Internet Computer (ICP) registered 466.9 GitHub commits in the past 30 days, leading all other crypto projects.

The analytics firm notes that it does not count routine updates and uses “advanced methodology” to collect data for “true” GitHub commits only.

Internet Computer aims to add a serverless cloud functionality to the public internet. The project’s native asset, ICP, is trading at $13.45 at time of writing and is down nearly 2% in the past 24 hours.

Image
Source: Santiment/X

Ethereum (ETH) competitor Cardano (ADA) is second on Santiment’s development activity rankings, with 434.3 commits in the past 30 days.

Fellow smart contract platform Polkadot (DOT) and its canary test network Kusama (KSM) are tied for third, with both registering 431.33 commits, and Ethereum layer-2 scaling project Optimism (OP) is in fifth with 405.7.

Santiment 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 an exit scam.

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

Check Latest News Headlines 
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

AD

SNEKbot by DexHunter on CARDANO

Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!


Read Original Article on The Daily Hodl

ORIGINAL SOURCE

https://dailyhodl.com/2024/02/16/cloud-f...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


Genius Yields DEX Launched!

More from The Daily Hodl

See more
‘Exactly Where It Should Be’ – Trader Says Leading Ethereum Rival on Cusp of Skyrocketing by Over 190% - The Daily Hodl
The Daily Hodl
‘Exactly Where It Should Be’ – Trader Says Leading Ethereum Rival on Cusp of Skyrocketing by Over 190% - The Daily Hodl

last Thursday at 3:07 AM

·

10 views

Related News

See more
Genius Yields DEX Launched!

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)