Chainlinks Oracle Network Experiences Swift Rise in Rankings Among Leading Crypto Projects by Development Activity According to Santiment
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Chainlinks Oracle Network Experiences Swift Rise in Rankings Among Leading Crypto Projects by Development Activity According to Santiment

Chainlink (LINK), a decentralized oracle network, has experienced a significant increase in development activity, as reported by Santiment, a crypto analytics platform. According to Santiment, Chainlink has moved up in the rankings of development activity over the past 30 days, from fourth place in May to second place last month. Meanwhile, Hedera (HBAR), a decentralized app protocol, continues to lead in development activity within the crypto space.

The top coins by development frequency in the crypto industry are as follows:
1) Hedera HBAR
2) Chainlink LINK
3) Optimism OP
4) Dfinity ICP
5) Cardano ADA
6) Ethstatus SNT
7) Cosmos ATOM
8) Zksync ZK
9) Starknet STRK
10) Aptos APT

When compared to other ERC-20 projects, Chainlink ranks at the top in terms of recent development activity, with 560.6 notable GitHub events in the past 30 days. This places Chainlink at the forefront, with Status (SNT) coming in at the number two spot with 385.97 events.

Status aims to provide users with a secure messaging app, crypto wallet, and web3 browser through an open-source, peer-to-peer protocol and end-to-end encryption. Santiment notes that heavy development activity indicates a strong belief in the protocol by developers.

At the time of writing, Chainlink is trading for $14.41, representing an increase of more than 1% in the last 24 hours.

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