Polkadot (DOT), Kusama (KSM) and Cardano (ADA) are leading the crypto space in terms of “notable” GitHub development activity, according to the crypto analytics firm Santiment.
Santiment notes that Polkadot and its canary test network Kusama both registered 591.47 Github commits in the past 30 days, leading all other crypto assets.
Ethereum (ETH) competitor Cardano registered 531.8, and Web3 project Internet Computer (ICP) was fourth with 399.7.
Santiment notes that it doesn’t count routine updates and used “advanced methodology” to collect data for “true” GitHub commits only.
The analytics firm has previously said that heavy development activity centered around a crypto project is a positive indication that could mean that the developers believe the protocol will be successful or shipping new features. It also indicates that there is less possibility that the project is just an “exit scam.”
DOT is trading at $6.05 at time of writing. The 13th-ranked crypto asset by market cap is down by nearly 4% in the past 24 hours.
KSM, the 136th-ranked crypto asset by market cap, is trading at $33.37 at time of writing and is down 4.22% in the past day.
ADA is trading around $0.3601 at time of writing. The seventh-ranked crypto asset by market cap is down 2.65% in the past 24 hours.
Generated Image: Midjourney
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