According to crypto analytics firm Santiment, the decentralized oracle network Chainlink (LINK) has consistently been leading in terms of development activity among all ERC-20 projects. In the last 30 days, Chainlink registered 624.17 notable GitHub events, more than double the second-ranked project, Ethereum (ETH). This is not the first time Chainlink has topped the list, as it also did so in June and August. The decentralized finance protocol Synthetix (SNX) came in third with 289.93 notable GitHub events. Santiment believes that heavy development activity indicates developers' belief in the protocol and reduces the likelihood of an exit scam. Currently, LINK is trading at $11.39, ETH at $2,575, and SNX at $1.58.
- Content Editor ( dailyhodl.com )
- 2024-09-22
Chainlink (LINK) Continues To Witness More Development Activity Than Any Other ERC-20 Project: Santiment