Santiment Layer1 Blockchain Network Surpasses Decentraland as Leading Crypto Gaming Project for Development
A cutting-edge layer-1 blockchain has surpassed Decentraland (MANA), an Ethereum (ETH)-based virtual reality platform, to become the leading crypto gaming project in terms of development activity, as reported by the analytics platform Santiment.
Santiment reveals that MultiversX (EGLD), previously known as Elrond, has recorded 236.93 significant GitHub events, outperforming Decentraland’s 150.4 events. Following closely behind is the non-fungible token (NFT) layer-2 scaling solution Immutable X (IMX) in third place with 77.4 GitHub events, while the Ethereum sidechain Skale Network (SKL) secures the fourth spot with 42.6 events.
According to Santiment, routine updates are not included in their assessment, as they utilize a refined methodology to gather data on GitHub events through a proven process.
The analytics company has previously emphasized that robust development activity surrounding a crypto project is a positive sign that suggests confidence from developers in the protocol’s potential success, as well as reducing the likelihood of an exit scam.
MultiversX operates as a distributed, proof-of-stake blockchain network with over 3,000 nodes, striving to empower developers in constructing next-generation applications.
The native token of the project, EGLD, is currently priced at $35.98. This 103rd-ranked cryptocurrency by market cap has experienced a decline of over 7.5% in the last 24 hours and more than 10% in the past month.
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