Santiment Reports Ethereum-Based Altcoin Takes the Lead in Development Activity within the Real-World Assets Sector
Santiment, a blockchain analytics platform, has revealed that Chainlink, an Ethereum-based altcoin project, is leading the real-world asset (RWA) sector in terms of development activity. According to Santiment, Chainlink is experiencing the highest level of daily activity on GitHub, a development hosting platform. In fact, Chainlink has more than double the development activity compared to the second most active blockchain project, Synthetix, which is a decentralized finance (DeFi) crypto that allows for the creation of synthetic assets on Ethereum. Santiment’s ranking list for real-world assets based on development activity is as follows: 1. Chainlink 2. Synthetix.io 3. Centrifuge 4. Dusk 5. Oraichain 6. Creditcoin 7. IX Swap 8. Maker 9. Polymesh Network 10. Reserve Rights.
Additionally, Santiment notes that the native asset of Tellor, a decentralized oracle protocol, is outperforming most other digital assets this month. The market cap of Tellor has doubled since the beginning of May, and there have been sudden spikes in whale transactions and address activity, indicating potential profit taking for Tellor (TRB). At the time of writing, Tellor is trading at $111.64, showing a 16% increase in the last 24 hours.