Blockchain analysis platform Santiment has revealed that Ethereum (ETH)-based altcoin projects are leading the real assets (RWA) sector based on their development activities.
st tly Called Blockchain oracle Chainlink (LINK) is seeing the most daily activity on development hosting platform GitHub.
LINK sees more than twice the amount of development activity compared to the second most active blockchain project, Synthetix (SNX), a decentralized finance (DeFi) cryptocurrency that enables synthetic asset creation on Ethereum.
“The best real world assets in cryptocurrency by development are: This list is created by counting unduplicated GitHub activity and averaging daily activity over the past 30 days. Chainlink currently produces 2.49x more daily activity than Synthetix, the next most active project in the RWA sector.”
Santiment’s rankings are as follows: 1. Chainlink 2. Synthetix.io 3. Centrifuge (CFG) 4. Dusk (DUSK) 5. Oraichain (ORAI) 6. Creditcoin (CTC) 7. IX Swap (IXS) 8. Maker ( MKR) 9. Polymesh Network (POLYX) 10. Reserve Rights (RSR).
Feeling too Called The native asset of Tellor (TRB), a decentralized oracle protocol, has outperformed most other digital assets so far this month.
“Tellor has been one of the best-performing assets so far in May, with its market capitalization exactly doubling since the month. Both whale trading and address activity have seen sudden spikes, suggesting potential TRB profit taking.”
Tellor is trading at $111.64 at the time of this writing, up 16% in the last 24 hours.
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