Santiment Claims Decentralized Oracle Network Chainlink Has the Most Active Developments in the Crypto Space
Santiment, an analytics business, ranks the decentralized oracle network Chainlink (LINK) as the most active cryptocurrency project in terms of recent development activity.
According to Santiment, among the most popular GitHub projects in the last 30 days, Chainlink has had an average of 451.23 events.
After Status (SNT) with 434.5 occurrences, the smart contract platform Cardano (ADA) comes in second with 444.7 events.
Status endeavors to provide users with a secure web3 browser, messaging application, and cryptocurrency wallet by utilizing an end-to-end encrypted, peer-to-peer protocol that is open-source.
Fourth place goes to Optimism (OP), a layer-2 scaling solution for Ethereum (ETH) with 411 noteworthy occurrences, while fifth place goes to Hedera (HBAR), a decentralized public network, with 378.73.
Using a “better technique” based on a “backtested procedure,” Santiment collects data on GitHub events and does not include normal updates.
A lot of work going on with a crypto project might be a good sign that the developers are confident in the protocol’s success, according to the analytics company. Furthermore, this suggests that the initiative is not an exit scam.
The current price of LINK is $18.31. In the last day, the value of the cryptocurrency that ranks fifteenth by market cap has decreased by 1.31%.
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