DOT, KSM and ADA Shines With Most Monthly Development Activity By CoinEdition

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DOT, KSM and ADA Shines With Most Monthly Development Activity

Published Feb 22, 2023 05:31AM ET Updated Feb 22, 2023 06:00AM ET

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DOT, KSM and ADA Shines With Most Monthly Development Activity

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Santiment tweeted a list of 10 projects with the most development activity in the last month.

Polkadot has led the way in development activity over the last 30 days.

Almost all of the cryptos on the list printed 24-hour losses.

The blockchain intelligence firm, Santiment (@santimentfeed), tweeted a list this morning showing the top 10 list of cryptos with the most development activity over the past 30 days. In the tweet, Santiment shared a list of 10 Web3 projects that made the most notable github commits in the last month.

Projects with the most development activity over the last month (Source: Santiment)

Leading the list is one of the Ethereum killers, Polkadot (DOT). Second and third on the list are Kusama (KSM) and Cardano (ADA). Next on the list are Internet Computer (ICP) and Decentraland (MANA).

Number 6 on the list is the largest altcoin by market cap, Ethereum (ETH). Cosmos (ATOM), Status (SNT), and Vega Protocol (VEGA) occupy the number 7,8, and 9 spots respectively. Lastly, at number 10 on the list, is Filecoin (FIL).

According to the data shared by Santiment, almost all of the projects on the list experienced 24-hour price drops, with VEGA being the exception, printing a 2.15% price rise over the last 24 hours.

ICP experienced the biggest price drop with a 6.25% decrease over the last 24 hours. MANA experienced the second biggest price drop in the last 24 hours, with its 5.18% drop in price, while FIL’s price printed the 3rd largest 24-hour loss of 4.80%.

In terms of 24-hour trading volume, SNT led the way with its daily trading volume of 33.78% at the time that Santiment released the data. The majority of this volume was buy volume.

Meanwhile, MANA and ICP experienced the second and third-largest daily trading volumes respectively. However, both of their daily trading volumes comprised mainly sell volume.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

The post DOT, KSM and ADA Shines With Most Monthly Development Activity appeared first on Coin Edition.

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DOT, KSM and ADA Shines With Most Monthly Development Activity

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