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Home»ALTCOIN NEWS»Layer 1 Ethereum competitor leads the cryptocurrency space in terms of development activity: Analysis firm Santiment
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Layer 1 Ethereum competitor leads the cryptocurrency space in terms of development activity: Analysis firm Santiment

By Crypto FlexsJune 2, 20242 Mins Read
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Layer 1 Ethereum competitor leads the cryptocurrency space in terms of development activity: Analysis firm Santiment
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Layer 1 Ethereum (ETH) competitors are leading the industry in terms of development activity, according to new data from cryptocurrency analytics platform Santiment.

Santiment says in a new post on social media platform (OP).

Other notable digital assets in the top 10 list of digital assets with the most development activity include layer 2 scaling solution Polkadot (DOT) and its sister blockchain Kusama (KSM), oracle provider Chainlink (LINK), and interoperable blockchain protocols. There is Cosmos (ATOM). ).

“The best crypto coins according to frequency of development are: The Hedera team was most active during this period. The list below is sorted by calculating the non-duplicated activities of the project and averaging the daily activity over the last 30 days.

1) Ivy

2) Optimism

3) Cardano

4) Chainlink

5) Starknet

6) Estatus

7) Dfinity

8) Cosmos

9) Polkadot

Co 9) Kusama Network.”

Source: SantimentX

Hedera recorded a development activity score of 552.97 over the past 30 days, surpassing Optimism and Cardano, which recorded 543.13 and 539.53, respectively, according to a chart from the market intelligence firm.

Last February, Santiment found that HBAR ranked sixth on its list of the top 10 cryptocurrency assets with the most development activity, behind Cardano, Polkadot, Kusama, Optimism, and the public decentralized network Internet Computer (ICP).

Hedera is trading at $0.0998 at the time of writing, down 1.82% in the last 24 hours.

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