Thu, May 09, 2024 at 00:06
Hey Annie!
Got some hot news for ya!
According to Santiment, an Ethereum-based altcoin project is leading in the real-world asset sector based on development activity.
Guess who?
It's Chainlink (LINK)!๐
Oh, really?
Chainlink?
I've heard about it but didn't know it was doing so well.๐ฎ
Absolutely!
Chainlink is seeing the greatest amount of daily activity on GitHub, which is a development hosting platform.
It's even seeing more than two times the activity compared to the second most active blockchain project, Synthetix (SNX).๐
Wow, that's impressive.
So, how do they measure this 'activity'?๐ค
Good question!
They count any non-redundant GitHub activity and average this daily activity over the past 30 days.
Chainlink currently produces 2.49x more daily activity than Synthetix in the RWA sector.๐
I see, that makes sense.
And what about other projects?
Are there any other notable ones?๐ง
Sure thing!
After Chainlink and Synthetix, the list includes Centrifuge (CFG), Dusk (DUSK), Oraichain (ORAI), Creditcoin (CTC), IX Swap (IXS), Maker (MKR), Polymesh Network (POLYX), and Reserve Rights (RSR).๐
That's quite a list!
Anything else interesting in the report?๐
Oh, you bet!
The native asset of decentralized oracle protocol Tellor (TRB) is outperforming most other digital assets so far this month.
It's one of the top performing assets, doubling in market cap since the calendar month turned!๐
Wow, that's quite a performance!
So, Joy, is this news good or bad for the market?๐ค
Well, Annie, it's definitely good news!
It shows that these projects are actively developing and improving their platforms.
This could attract more investors and potentially drive up the value of these cryptocurrencies.
So, it's a win-win situation!๐
To sum up, this article is considered a ๐Bullish for investors!!