Decentralized oracle network Chainlink (LINK) is suddenly seeing a lot more development activity, according to new data released by cryptocurrency analytics platform Santiment.
Santiment noted that Chainlink has jumped in rankings in terms of development activity over the past 30 days, from fourth place in May to second place last month.
Meanwhile, Hedera (HBAR), a decentralized app protocol, continues to lead the cryptocurrency space in terms of development activity.
“Here are the top crypto coins by development frequency. Hedera still holds the top spot, with Chainlink falling to second. The list below is sorted by calculating all non-duplicated activity for the projects and averaging daily activity over the last 30 days.
1) Hedera HBAR
2) Chainlink LINK
3) Optimism OP
4) DEFINETY ICP
5) Cardano ADA
6) Estators SNT
7) Cosmos Atom
8) Ziksink ZK
9) Starknet STRK
10) Aptos APT”
According to Santiment, Chainlink ranks first in terms of recent development activity compared to other ERC-20 projects.
According to Santiment, Chainlink registered 560.6 major GitHub events in the last 30 days, followed by Status (SNT) with 385.97 events.
Status aims to provide users with a secure messaging app, cryptocurrency wallet, and web3 browser via open source, P2P protocols and end-to-end encryption.
According to Santiment, active development activity indicates that developers believe in the protocol.
At the time of writing, Chainlink is trading at $14.41, up more than 1% over the last 24 hours.
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