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Cardano Ecosystem

Finbold

11/29/2023

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Top 10 cryptocurrencies by development activity in last 30 days

As the majority of assets in the cryptocurrency market are trading in the green on most charts, blockchain and cryptocurrency businesses continue to invest significant efforts in terms of developing their...

Top 10 cryptocurrencies by development activity in last 30 days

As the majority of assets in the cryptocurrency market are trading in the green on most charts, blockchain and cryptocurrency businesses continue to invest significant efforts in terms of developing their ecosystems, with development activities of some of them being more intense than others.

Specifically, the Polkadot (DOT) protocol and its public pre-production environment, Kusama (KSM), share the top position in terms of notable GitHub commits across the previous 30 days, according to the data by the on-chain and social metrics platform Santiment in an X post published on November 28.

Top 10 cryptos by GitHub activity in last 30 days. Source: Santiment

Specifically, GitHub commits refer to the records of changes to one or more files in a development team’s projects, as the development platform assigns each commit a unique ID called a SHA or hash that identifies these specific changes, when they occurred, and who created them – much like saving an edited file.

Crypto development score

As it happens, both Polkadot and Kusama boasted the same number of GitHub commits – 551.7 – over the past 30 days, followed by the proof-of-stake (PoS) blockchain Cardano (ADA), which had 515.37 notable commits on the code hosting platform. 

Furthermore, the next in line is the high-speed Hedera (HBAR) network with 394.9 commits, the messaging/browser mobile operating system Status (SNT) with 350.8 commits, and the decentralized oracle networks (DONs) platform Chainlink (LINK) on Ethereum (ETH) with 349.87 GitHub commits.

The remaining assets in the top 10 cryptos by development activities include the multi-asset distributed ledger Cosmos (ATOM) with 342.6 commits, the public internet-focused blockchain Internet Computer (ICP) with 313.47, the smart contract platform Avalanche (AVAX) with 297.1, and the independent Layer 1 project Aptos (APT) with 256.7 GitHub changes.

Indeed, a crypto team arriving at the top 10 by GitHub activity means that its efforts do not go unnoticed regardless of the price of its token. However, notable development efforts sometimes coincide with bullish price action, as in the example of Polkadot, which gained 23.89% in its price in the last 30 days.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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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.


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