Chainlink Dominates Crypto’s Real-World Asset Sector in Development Activity
The decentralized oracle network Chainlink (LINK) continues to lead the way in development activity within the crypto’s real-world asset (RWA) sector, as reported by analytics firm Santiment.
Santiment recently highlighted that Chainlink recorded an impressive 532.43 notable GitHub events in the last 30 days, showcasing its strong commitment to ongoing development and innovation.
Leading the Pack
Chainlink’s development activity far surpasses its closest competitors in the RWA space. The layer-1 blockchain Avalanche (AVAX) ranked second with 290.87 GitHub events, followed by the peer-to-peer payments project Stellar (XLM) with 240.7 events.
Throughout the year, Chainlink has consistently held the top position on Santiment’s list, often doubling or even tripling the number of GitHub events compared to other projects.
Positive Indication
Santiment’s methodology for tracking GitHub events excludes routine updates, providing a more accurate representation of a project’s development activity. The firm considers heavy development activity as a positive sign, indicating confidence from developers in the project’s success and reducing the likelihood of an exit scam.
Chainlink’s native token, LINK, is currently priced at $15.58. Despite a 7% decrease in the past 24 hours, the asset has seen a 1% increase over the past week.
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