Although the cryptocurrency market has been going through a bit of a rough patch in recent weeks, the downturn has failed to put a dent in the progress and development efforts of many blockchain and cryptocurrency businesses and their teams.
Specifically, Kusama (KSM), Polkadot (DOT), and Cardano (ADA) have remained the top three performers in terms of their GitHub development activity in the last 30 days, according to the recent information shared by crypto analytics platform Santimenton June 20.
Specifically, these metrics cover the number of GitHub events generated by the project organization, including code pushes, issue interactions, pull request interactions, GitHub wiki edits, comments on commits, and the number of repositories open-sourced.
As it happens, Kusama and Polkadot share the first spot in these activities, with an average of 544.93 events over the past month, followed by Cardano with 486.9. The next in line is Status (SNT) with 347.5 events, Hedera (HBAR) with 344.53, and Chainlink (LINK) with 340.4, having returned to the top six most developed assets.
Furthermore, Cosmos (ATOM) occupies the seventh place with a development score of 322.33, followed by Internet Computer (ICP) and 303 events in the eighth, Decentraland (MANA) in the ninth with 288 events, and Ethereum (ETH) in tenth place with a score of 246.57, as the table indicates.
Indeed, being among the top 10 cryptos by GitHub development activity is a sign of the continued focus of their teams on progress, as exemplified by Cardano, which its founder Charles Hoskinson has touted as an ideal model of decentralization and a “wake-up call” for other assets to follow.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
In this context, Santiment announced the top 10 altcoins with the highest developer activity in the last 30 days, according to github data. Internet Computer (ICP) ranked first, while Cardano (ADA) ranked second. Polkadot (DOT) and Kusama (KSM) shared third place.
Uniswap is a great option for investors who are new to using decentralized exchanges. Uniswap is the world's most popular decentralized exchange and has a very easy-to-use interface.
A new report by web3-focused venture firm Electric Capital found a significant drop in the number of monthly active developers in the last year, with a nearly 25% decrease to 22,411 compared to 2022. Developer activity is often seen as a measure of value creation in the crypto space.
However, recent studies show that, as of December 2022, the US has more than 23,000 monthly active developers in the blockchain space. That number is projected to reach 1 million by the year 2030.
BSC: BSC is the most significant blockchain ecosystem when it comes to the number of dapps. This network hosts about 5.1K projects, and some prominent examples include PancakeSwap, Venus, and 1inch. Ethereum: The second largest blockchain ecosystem is Ethereum, and the network hosts approximately 4.4K dapps.
Introduction: My name is Kareem Mueller DO, I am a vivacious, super, thoughtful, excited, handsome, beautiful, combative person who loves writing and wants to share my knowledge and understanding with you.
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