Discover the Most Active Cryptocurrencies in Development
Get insights into the latest ranking of cryptocurrencies that have shown the highest development activity in the past 30 days. Take a closer look at which projects are leading the way in terms of innovation and improvement in the crypto space.
The Recent Development Activity Ranking
Santiment, a prominent crypto market intelligence platform, has unveiled a list of digital currencies that have seen the most development activity over the last month. The top three spots were claimed by Optimism (OP), Cardano (ADA), and Hedera (HBAR). Following closely behind were Polkadot (DOT) and Kusama (KSM) in the fourth and fifth positions. Surprisingly, Ethereum (ETH) โ the second-largest cryptocurrency based on market capitalization โ secured the ninth spot on the list.
According to Santiment, โOur platform tracks noteworthy GitHub activity from project repositories using a proven process to ensure that only significant efforts to innovate and enhance are included.โ
A few months ago, ADA was the frontrunner in this ranking, surpassing DOT and KSM. Notably, Bitcoin (BTC) was absent from the top 10 list then, just like in the recent data, while ETH held the tenth position.
Price Analysis for ADA and DOT
Both Cardano (ADA) and Polkadot (DOT) have experienced positive price movements over the past week, with increases of 11% and 14% respectively.
An analysis by X user Ali Martinez indicated that ADAโs valuation is on track, with a potential target of $1.70 if it maintains levels between $0.55 and $0.80. Currently, ADA is trading around $0.50, according to data from CoinGecko.
For more insights into ADAโs price predictions, check out our dedicated video below:
On the other hand, DOT is also expected to surge in the near future. Analysts such as World of Charts, CRYPTOWIZARD, and CryptoYoddha have projected a rally towards the $15-$20 range. Furthermore, traders like Michael van de Poppe and Flash have disclosed that they have added Polkadotโs native token to their personal investment portfolios.
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