Santiment, a company specializing in cryptocurrency analysis, disclosed the Real World Assets (RWA)-centered altcoins that have been gaining significant attention from developers recently.
The list provided by Santiment showcases the top altcoins and the corresponding developer activity scores in the past month:
- Chainlink (LINK) - 455.1
- Synthetix (SNX) - 122.17
- Oraichain Token (ORAI) - 82.63
- Maker (MKR) - 48.57
- Dusk (DUSK) - 42.87
- Centrifuge (CFG) - 40.83
- Polymesh (POLYX) - 22.8
- Boson Protocol (BOSON) - 19
- Reserve (RSR) - 16.73
- Propy (PRO) - 8.63
The data on developer activity compiled by Santiment is derived from the changes in code on the Github pages of respective cryptocurrency projects. Additionally, Santiment employs a filtering mechanism to detect and exclude any deceptive developer actions.
Chainlink emerges as the most prominent RWA cryptocurrency project on the list, surpassing its competitors by a significant margin in terms of developer engagement.
Real World Assets (RWAs) represent a category of cryptocurrencies that are backed by physical assets existing beyond digital realms, such as bonds, real estate, commodities, and machinery. By integrating these assets into the Decentralized Finance (DeFi) ecosystem, RWAs enhance accessibility to financial instruments that are often inaccessible.
*Please note that this content does not provide investment advice.
