Polkadot (DOT) and its test network Kusama (KSM) are leading the way in terms of development activity in the blockchain space, according to crypto analytics firm Santiment. Over the past 30 days, both Polkadot and Kusama recorded 527.7 notable GitHub commits, surpassing all other crypto projects.
Santiment emphasizes that high levels of development activity often indicate that developers have confidence in the success of a crypto project. It also suggests that increased development activity suggests the potential for new features being implemented, while decreasing the likelihood of a crypto asset being an exit scam.
Competing with Ethereum (ETH), Cardano (ADA) ranked third on Santiment’s list with 450.9 GitHub commits. The Web3 project, Internet Computer (ICP), secured the fourth position with 391.1 commits.
It is important to note that Santiment’s analysis only includes “true” GitHub commits and excludes routine updates, which demonstrates the firm’s commitment to collecting accurate and relevant data.
Related Post
At the time of writing, DOT is trading at $5.23 and is ranked 14th by market cap. However, it has experienced a decline of over 6.4% in the past seven days. KSM is currently valued at $23.09, holding the 161st position by market cap. It has seen a decrease of more than 2% in the past week.
In the crypto industry, staying informed is crucial. To ensure you don’t miss any updates, consider subscribing to receive email alerts directly to your inbox. And if you want to keep track of the latest price action, be sure to check regularly.
To stay connected with the crypto community, follow us on Twitter, Facebook, and Telegram. We also invite you to explore The Daily Hodl Mix, where you can find an assortment of engaging content related to the crypto industry.
Remember that the opinions expressed at The Daily Hodl are not investment advice, so it is crucial to conduct your due diligence before making any high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Transfers and trades in the crypto market carry their own risks, and any losses incurred are the responsibility of the individual. The Daily Hodl does not endorse the buying or selling of any cryptocurrencies or digital assets, nor do we provide investment advice. It is important to note that The Daily Hodl engages in affiliate marketing.
In conclusion, Polkadot and Kusama continue to demonstrate their strong development activity in the blockchain space. With their high number of GitHub commits, these projects show promise and potential for the future. It will be interesting to see how their progress unfolds in the coming months, as the crypto industry evolves and adapts to new challenges and opportunities.
