Layer 1 blockchain MultiversX (EGLD) continues to lead the digital asset gaming sector in terms of development activity, according to cryptocurrency analytics firm Santiment.
Santiment noted in a new post on social media platform
MultiversX is a decentralized proof-of-stake blockchain network with over 3,000 nodes. The project aims to help developers build next-generation applications. Since passing the Ethereum (ETH)-based virtual reality platform Decentraland (MANA) last May, it has been leading the cryptocurrency gaming field in terms of GitHub events.
Decentraland remains in second place with 174.47 notable GitHub events over the past 30 days. Immutable X (IMX), a non-fungible token (NFT) layer 2 scaling solution, ranked third with 78.37.
Santiment points out that it doesn’t count routine updates and uses “better methodologies” to collect data on GitHub events based on “backtested processes.”
The analytics firm has previously said that excessive development activity around cryptocurrency projects is a positive sign that could mean developers believe the protocol will succeed. This also indicates that the project is unlikely to be an exit scam.
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