Although most of the assets in the cryptocurrency market might have been in a stagnation trend in terms of their prices for the last 30 days, their development teams are as dynamic as ever, with some recording more intense activity on GitHub than others.

As it happens, cryptocurrency and blockchain analytics platform Santiment shared a list of the 10 most prominent crypto assets by development activity in the previous month, measured in notable commits on GitHub, a coding and collaboration service and web interface for programmers, in an X post on September 13.

Consistent leaders

Specifically, the joint efforts of Polkadot (DOT) and its canary network Kusama (KSM) were at the very top of the list in fastest developing GitHub repositories, recording a score of 3,711 events in the last three years, followed by Cardano (ADA) with 3,871, demonstrating similar positions as in June this year.

Top 10 cryptos by GitHub activity in last 30 days. Source: Santiment

Next is Chainlink (LINK), which recorded 2,883.57 GitHub events in the past three years, Hedera (HBAR) with 2,772, Vega Protocol (VEGA) with 2,252.14, Status (SNT) with 2,374.29, Cosmos (ATOM) with 2,217.71, Internet Computer (ICP) with 2,256.43, and Filecoin (FIL) with a development score of 1,563.86 commits. 

According to Santiment, seven of the top 10 best performers in development activity are also in the top 32 largest crypto projects in terms of market capitalization, a correlation that is “hard to ignore, and one of the reasons Santiment values assets that are seeing consistent work to improve and innovate.”

Meanwhile, the crypto market is recording a slight recovery today, having increased its total market cap to $1.05 trillion, whereas the top performers on GitHub are still very shy with their prices, Polkadot gaining only 0.13% in the last 24 hours, Kusama measuring a loss of 1.56%, and Cardano declining 0.17%.

READ MORE -  ‘Rich Dad’ R. Kiyosaki predicts Bitcoin to $1 million if the economy crashes

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

The post Top 10 cryptocurrencies by GitHub activity in last 30 days appeared first on Finbold.

Avatar photo
Dennis is a business and financial writer, who had spent almost his entire life independently reporting on different business ventures with major impact on the US and global economy. Dennis places a special focus on examining tech stocks, biotech stocks all while investing a great part of his early hours to researching and writing on the companies in the US markets. Dennis has 15+ years of experience in financial markets.