• 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

3 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

Insights from Cardano Community Research Featured in Report

chest

The report utilizes information gathered from Cardano community research materials, providing valuable insights and data for understanding Cardano's developments.

user avatarRajesh Kumar

Current Report Leverages Insights from Santiment

chest

The report utilizes data and insights from Santiment to support its findings, thereby increasing the credibility of the report's conclusions.

user avatarMiguel Rodriguez

SUI Group Increases Loan to Bluefin, Strengthening DeFi Ties

chest

SUI Group Holdings Limited has expanded its lending agreement with Bluefin, increasing the total loan to 6 million SUI to support Bluewater Labs' acquisition of Suilend.

user avatarLuis Flores

Sui Seal MPC Introduces Hidden Bids for Enhanced AI Trading Security

chest

Mysten Labs has introduced a feature in the Sui Seal MPC system that enables hidden bids for AI trading, enhancing security and reducing risks of frontrunning.

user avatarMaria Gutierrez

Mysten Labs Introduces Sui Seal MPC for Secure AI Transactions

chest

Mysten Labs has launched Sui Seal MPC on the Sui mainnet, enabling autonomous AI agents to execute onchain transactions securely without holding private keys.

user avatarArif Mukhtar

Chainlink Collaborates with Project Pangea to Revolutionize Cross-Border FX Settlements

chest

Chainlink partners with Project Pangea to enhance cross-border FX settlements, aiming to reduce settlement times from T2 to T0 using stablecoins by mid-2027.

user avatarDavid Robinson

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.