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Finbold

11/07/2023

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Top 10 cryptocurrencies by GitHub development activity last 30 days

With the cryptocurrency market experiencing a gain in value for many of its assets in the previous 30 days, their blockchain development teams are as busy as ever, with some recording notably more activity...

Top 10 cryptocurrencies by GitHub development activity last 30 days

With the cryptocurrency market experiencing a gain in value for many of its assets in the previous 30 days, their blockchain development teams are as busy as ever, with some recording notably more activity than others.

Monitoring developer activity on GitHub can provide valuable insights into a particular project. Developers’ time and skills are precious resources. When many invest their efforts in a project, it signifies their confidence in its success, active feature development, and, most importantly, its legitimacy.

In this manner, Santiment, a blockchain and crypto behavior analysis platform, shared a list of its top 10 asset performers by development activity on GitHub, a coding and collaboration service and web interface for programmers, in an X post on November 7.

Consistent leaders

Most notably, Cardano (ADA) led the way with 502.57 developer activities in the past month, jointly followed by Polkadot (DOT) and its canary network Kusama (KSM), which both had 484.23 developer activities in the previous 30 days. 

These three remain at the top of the table from their last measurement period.

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

Next is Hedera (HBAR), with recorded 353.67 activities in the same period, Aptos (APT) with 338.77, Status (SNT) with 335.87, ChainLink (LINK) with 330.63, Cosmos (ATOM) with 324.73, Ethereum (ETH) with 287.67, and Vega Protocol (VEGA) with 285.57 monthly developer actions.

Notably, seven of the top 10 best performers in development activity are also in the top 32 crypto projects in terms of market capitalization, a correlation that we mentioned before that is “hard to ignore, and one of the reasons Santiment values assets that are seeing consistent work to improve and innovate.” 

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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