With many assets in the cryptocurrency market starting to slow down the gains from previous weeks, and some still going strong, others are advancing in a not-so-obvious way – the significant activity of their development teams on growing their related ecosystems – some more intensely than others.
Specifically, Cardano (ADA) has reclaimed the top spot among all cryptocurrencies, leading in notable activities on the GitHub platform, reflected in the number of commits across the previous 30 days, according to the data shared by the on-chain and social metrics platform Santiment on December 26.
Crypto development score
As it happens, the team at the proof-of-stake (PoS) blockchain Cardano has had an increase in development activity over the past month, as it recorded 540 notable commits on GitHub during the observed period, followed by the Polkadot (DOT) protocol in second place with 357.8 commits.
Indeed, Polkadot is sharing the spot with its public pre-production environment, Kusama (KSM), with the same number of commits on the code hosting platform measured across the previous 30 days. The next in line is the smart contract platform Avalanche (AVAX), which has 321.47 notable commits.
Furthermore, the public internet-focused blockchain Internet Computer (ICP) occupies the fifth spot with 314.37 commits, while the high-speed Hedera (HBAR) network comes in sixth with 314.1. The multi-asset distributed ledger Cosmos (ATOM) is in seventh place, boasting 313.23 commits.
Finally, the remaining top 10 crypto assets by development activities include the extension to Ethereum (ETH) – Optimism (OP) – with 312.87 commits, the mobile operating system Status (SNT) with 297.73, and the framework for building Decentralized Oracle Networks (DONs), Chainlink (LINK), with 288.17 commits.
Interestingly, most of the above digital assets have, at the same time, recorded significant price increases over the last 30 days. However, intense development activity does not always coincide with price gains, which is why it is important to take other factors into consideration when investing in crypto.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
