Ethereum-Based Altcoin Leads Real-World Assets Sector in Development Activity, According to Santiment 🚀
According to blockchain analytics platform Santiment, one Ethereum-based altcoin project is dominating the real-world asset (RWA) sector in terms of development activity. Here is all you need to know about the latest findings from Santiment:
The Leader in Development Activity 📈
- Santiment reveals that Chainlink (LINK) is leading the pack in terms of daily activity on GitHub, a development hosting platform.
- Chainlink is experiencing over twice the development activity compared to Synthetix (SNX), the second most active project in the blockchain space.
- Santiment’s data indicates that Chainlink is at the forefront of development in the RWA sector, showing 2.49 times more daily activity than Synthetix.
Santiment’s Ranking List 🔝
- Chainlink
- Synthetix.io
- Centrifuge (CFG)
- Dusk (DUSK)
- Oraichain (ORAI)
- Creditcoin (CTC)
- IX Swap (IXS)
- Maker (MKR)
- Polymesh Network (POLYX)
- Reserve Rights (RSR)
Top Performing Asset of the Month 🚀
- Santiment also notes that Tellor (TRB), the native asset of decentralized oracle protocol, has been outperforming most other digital assets this month.
- In May, Tellor has seen significant growth, doubling in market cap since the beginning of the month. This growth is attributed to increased whale transactions and address activity.
- Tellor is currently trading at $111.64, marking a 16% increase in the last 24 hours.
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Hot Take 🔥
Stay ahead of the game by keeping a close eye on the development activity of leading projects like Chainlink and Tellor. These insights can help you make informed decisions in the volatile crypto market.
Sources:
– Santiment on Twitter
– Santiment on Twitter
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