Santiment Unveils the 10 Altcoins with the Highest Developer Activity in the Last Month
Cryptocurrency analytics firm Santiment has released a report detailing the altcoins that have experienced the most developer activity in the past 30 days. The data is based on notable commits on the popular coding platform, GitHub. The following altcoins have made it to the top of the list:
1. Cardano (ADA)
2. Polkadot (DOT)
3. Kusama (KSM)
4. Avalanche (AVAX)
5. DFINITY (ICP)
6. Hedera (HBAR)
7. Cosmos (ATOM)
8. Optimism (OP)
9. Status (SNT)
10. Chainlink (LINK)
Cardano stands out as the leader in developer activity, significantly surpassing the others with an impressive score of 540. In comparison, Polkadot, which ranks second, scores 357 in terms of developer activity.
In related news, cryptocurrency analyst Ali Martinez offers insights into the market. Martinez suggests that Polygon (MATIC) is poised for a breakthrough, as it nears the end of a symmetrical triangle pattern. If the weekly candle closes above $0.96, MATIC could potentially surge towards $1.73.
Furthermore, The Sandbox (SAND) has witnessed a notable surge in transactions exceeding $100,000 in the past 24 hours. According to Martinez, this surge indicates increased interest from both corporate entities and whales in SAND, which often foreshadows significant price increases.
Overall, the cryptocurrency market continues to evolve rapidly, with developer activity serving as a key indicator for the potential success and growth of various altcoins.