A recent report showed that Internet Computer (ICP) leads among cryptocurrencies in development activity, despite price declines.
Development Leaders
Internet Computer (ICP) secured first place with a score of 369.37. It was followed by Chainlink (LINK) and Starknet (STRK), which reaffirmed their positions as active development hubs. The top 10 also included Sui (SUI) and DeepBook Protocol (DEEP), who tied for fourth with scores of 195.5 each. Cardano (ADA) sits at sixth place with 182.07, followed closely by Avalanche (AVAX) at 181.83 and DeFiChain (DFI) in eighth with 143.67. Ethereum (ETH) rounded out the list with a score of 140.93.
Prices Drop, Development Continues
Despite strong development activity, prices for most of the top 10 projects dropped in the last 24 hours. Starknet saw the largest decrease, dropping more than 6%, while DeepBook and Avalanche each slipped over 5%.
Project Development and Market Capitalization
Ethereum remains the giant of the group with a market capitalization of $554.47 billion, while Cardano sits far behind in second with $31.01 billion, and Chainlink follows at $16.59 billion. Santiment’s data indicates that even during turbulent markets, teams continue to build, demonstrating a strong sign of their ability to adapt and grow in the long term.
The active development within the cryptocurrency space strongly indicates teams' commitment to their projects, even when prices are temporarily falling.
