AltcoinsChainlink, Avalanche and Stellar Dominate Santiment’s New Development Rankings...

Chainlink, Avalanche and Stellar Dominate Santiment’s New Development Rankings for Real-World Asset (RWA) Projects

-


The decentralized oracle network Chainlink (LINK) continues to top crypto’s real-world asset (RWA) sector in terms of recent development activity, per new research from the analytics firm Santiment.

Santiment notes in a new post on the social media platform X that Chainlink registered 351 notable GitHub events in the past 30 days.

The figure far exceeds the second-ranked RWA project, the layer-1 blockchain Avalanche (AVAX), which clocked 183.4 GitHub events in the past month.

The peer-to-peer payments project Stellar (XLM) was third, with 144.57, and Axelar (AXL), a programmable Web3 interoperability platform, was fourth, with 113.77.

Image
Source: Santiment/X

Chainlink has occupied the top spot on Santiment’s list all year, often clocking multiple times the number of GitHub events as the second-ranked project.

The analytics firm notes that it doesn’t count routine updates and relies on a “better methodology” to collect data for GitHub events based on a backtested process.

Santiment has previously explained that crypto projects with lots of development could soon be shipping new features and are less likely to be exit scams.

LINK is trading at $15.21 at time of writing. The 17th-ranked crypto asset by market cap is up more than 6% in the past 24 hours and more than 11% in the past seven days.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Tornado Cash Co‑Founder May Delay Trial Over Disputed Hacker Testimony

Roman Storm, one of the co‑founders of Tornado Cash, could end up pushing back his trial date if...

Firefly Aerospace files for an IPO

Firefly Aerospace is taking its orbital ambitions to the public markets. The company, which notched a string of...

LetsBONK Overtakes Pump.fun as Leading Solana Meme Coin Launchpad

Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial...

Wall Street Bets Big — $3.6B Pours Into Bitcoin, Ethereum ETFs Weekly

The demand for cryptocurrency on Wall Street is more than evident, and the past week only proved that...

Advertisement

South Africa’s Sygnia Launches Bitcoin Fund Tied to Blackrock’s IBIT

Sygnia, a South African investment manager, has launched the Sygnia Life Bitcoin Plus Fund, which tracks Blackrock’s Ishares...

Must read

Tornado Cash Co‑Founder May Delay Trial Over Disputed Hacker Testimony

Roman Storm, one of the co‑founders of Tornado...

Firefly Aerospace files for an IPO

Firefly Aerospace is taking its orbital ambitions to...

You might also likeRELATED
Recommended to you