• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Polkadot ($DOT), Kusama ($KSM), and Cardano ($ADA) Emerge as Front-Runners in the Crypto Development Race, According to Data

Polkadot ($DOT), Kusama ($KSM), and Cardano ($ADA) Emerge as Front-Runners in the Crypto Development Race, According to Data

user avatar

by Max Nevskyi

2 years ago


The leading cryptocurrency network in terms of development activity is Polkadot ($DOT), often referred to as the "blockchain of blockchains." This position is supported by data from on-chain analytics firm Santiment. Following closely behind Polkadot is Kusama ($KSM), which serves as a public pre-production environment for Polkadot. Cardano ($ADA), a smart contract platform, secures the third spot on the list.

In this context, "development activity" pertains to the volume of work completed by developers within the past 30 days on a cryptocurrency project's public GitHub repositories. Santiment's unique metric focuses on "events" rather than the raw number of commits. These events encompass a range of actions on GitHub repositories, such as committing code, creating issues, or forking repositories.

Crypto Development Race

This methodology offers a more accurate representation of developers' actual contributions. It avoids inaccuracies that can arise from counting development activity solely based on commits. For instance, when a repository is forked, it generates a duplicate with all previous commits. By treating the act of forking as a single event, Santiment avoids attributing old commits to new developers.

Santiment's data indicates that both Polkadot and Kusama stand out in terms of development activity, each registering a value of 486 for this metric. This places them well ahead of other cryptocurrencies. Hedera ($HBAR) occupies the fourth position, with Chainlink ($LINK) following in fifth.

Over recent years, both Polkadot (DOT) and Kusama (KSM) have demonstrated consistent growth in development activity. In contrast, Cardano (ADA) has maintained a relatively stable level of activity, albeit at a high level.

Development activity serves as a vital indicator of developers' dedication to a project. While not the sole metric, a high level of activity generally suggests a positive commitment to a project and can help distinguish legitimate efforts from potential exit scams.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

House Democrats Call for Transparency from SEC on Enforcement Actions

chest

House Democrats are calling for transparency from the SEC regarding its enforcement actions, demanding documentation and communications related to recent decisions.

user avatarTando Nkube

House Democrats Demand Action on SEC's Prolonged Stay of Justin Sun Case

chest

House Democrats are demanding action on the SEC's prolonged stay of the enforcement action against Justin Sun, founder of the Tron Foundation.

user avatarSatoshi Nakamura

Technical Analysis Indicates Potential Bullish Move for IMX

chest

The weekly IMX chart suggests a classic Power of 3 structure, indicating a potential bullish trend transition.

user avatarNguyen Van Long

Immutable IMX Gains Attention as Gaming Tokens Surge

chest

Immutable IMX is gaining attention as gaming tokens surge, with a nearly 7% price increase and significant trading volume growth.

user avatarJesper Sørensen

House Democrats Call Out SEC for Dropping Major Crypto Enforcement Actions

chest

House Democrats express concerns over SEC's dismissal of major crypto enforcement actions, questioning investor protection and potential political influences.

user avatarKofi Adjeman

China's Tax Authority Intensifies Overseas Income Compliance Efforts

chest

China's State Taxation Administration is intensifying efforts for residents to declare overseas income from 2022 to 2024, warning of penalties for noncompliance.

user avatarFilippo Romano

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.