Analytical firm Santiment has highlighted Ethereum-based altcoins that have garnered significant attention from developers in the last month.
Altcoins Under Developer Focus
According to Santiment’s research, the following altcoins have been most popular among developers over the past 30 days:
1 - Chainlink (LINK) 2 - Starknet (STRK) 3 - Ethereum (ETH) 4 - Eigen Layer (EIGEN) 5 - Decentraland (MANA) 6 - Axeler (AXL) 7 - Ethstatus (SNT) 8 - Susd (SUSD) 9 - Synthetix (SNX) 10 - Liquity Protocol (LQTY)
The Role of Ethereum and Layer 2 Projects
Despite Ethereum (ETH) being the main coin of the network, it does not top the list. Layer 2 projects aimed at improving Ethereum’s scalability and reducing transaction fees have significantly increased in market value and total locked value. In this context, Chainlink (LINK) remains a focal point for developers, along with altcoins like EIGEN and STRK.
Conclusions from Santiment's Analysis
The positions in the list highlight which projects are actively developing and what developers are betting on. The altcoins listed may be interesting for further observation and analysis given the current trends in blockchain technology.
Santiment's analysis underscores the active interests of developers in specific Ethereum-based altcoins, highlighting their significance in the context of scalability and network challenges.