Leading Layer-1 Ethereum Competitor Dominates Crypto Development Landscape: Santiment Analytics
New insights from crypto data platform Santiment highlight a prominent trend in the industry, showcasing a layer-1 Ethereum competitor’s strong foothold in development activity.
Hedera (HBAR) Takes the Lead
- Santiment’s recent post on social platform X reveals that the decentralized app protocol Hedera (HBAR) has emerged as the frontrunner in development activity within the crypto sector.
- Over the past month, Hedera has outpaced notable players like Cardano (ADA) and Optimism (OP) in terms of active development.
Top Digital Assets in Development
- Ranked among the top 10 cryptocurrencies with the highest development activity, Hedera leads the pack with its continuous efforts.
- Other significant projects on this list include Polkadot (DOT), Kusama (KSM), Chainlink (LINK), and Cosmos (ATOM).
Crypto Leaders by Development Frequency:
- Hedera
- Optimism
- Cardano
- Chainlink
Developers’ Focus and Impact:
- The team at Hedera has shown unwavering commitment, reflecting in their high daily development activity score.
- This dedication has propelled Hedera to the forefront of the crypto development landscape.
Scoring Success
- Santiment’s data illustrates Hedera’s impressive development activity score of 552.97, surpassing competitors like Optimism and Cardano.
- Compared to previous rankings, Hedera has significantly climbed the ladder, showcasing substantial growth and impact in the crypto space.
Current Market Standing
- As of the latest update, Hedera is trading at $0.0998, experiencing a slight decrease in value over the past 24 hours.
- Despite this minor fluctuation, Hedera’s active development efforts continue to drive its position and influence in the market.
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Generated Image: Midjourney
The post Layer-1 Ethereum Competitor Leads Crypto Space in Terms of Development Activity: Analytics Firm Santiment appeared first on The Daily Hodl.
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