Chainlink (LINK) Continues To Witness More Development Activity Than Any Other ERC-20 Project: Santiment

Chainlink (LINK) continues to lead the way in terms of development activity among all other ERC-20 projects, according to crypto analytics firm Santiment. Over the past 30 days, Chainlink registered an impressive 624.17 notable GitHub events, more than double the number of the second-ranked Ethereum (ETH) with 298.8 events. This marks the third time Chainlink has topped the development activity chart, following its achievements in June and August. The decentralized finance (DeFi) protocol Synthetix (SNX) secured the third position with 289.93 notable GitHub events. Santiment notes that its data collection methodology for GitHub events excludes routine updates, providing a closer look at significant project developments. The substantial development activity surrounding Chainlink suggests a high level of belief in the protocol, as well as a reduced likelihood of exit scams. At the time of writing, LINK is trading at $11.39, occupying the 18th position by market cap and witnessing a 1.6% increase in the last 24 hours. ETH is trading at $2,575, experiencing a nearly 4% surge in the same timeframe, while Synthetix’s native asset SNX is trading at $1.58, rising more than 6% in the past day.