Chainlink (LINK) is making waves in the real-world assets (RWA) sector, as new data from market intelligence platform Santiment reveals. The decentralized oracle network is leading the pack in terms of recent development activity, showcasing its commitment to innovation and growth.
According to Santiment, Chainlink has had nearly 394 notable GitHub events in the past 30 days, putting it ahead of other prominent projects in the space. Synthetix (SNX) and Dusk Foundation (DUSK) follow closely behind with 176.6 and 34.7 notable GitHub events respectively, highlighting their dedication to advancing the RWA sector.
Notable digital assets like Polymesh (POLYX) and Maker (MKR) have also made their mark on the list, with Polymesh moving up to fourth place and Maker to fifth. Both projects have seen 25.9 and 21.7 notable GitHub events in the last month, underscoring their contributions to the evolving landscape of tokenized securities and decentralized finance.
In a recent report, Glassnode highlighted Chainlink’s on-chain momentum, pointing to its surging price and improving fundamentals. The platform noted that while LINK’s price surge may be driven by speculative market activity, its active addresses momentum is trending higher. Chainlink’s token LINK has reached its highest price in nearly two years, with futures open interest (OI) soaring to an all-time high of $770.27 million.
At the time of writing, LINK is trading at $28.10, showing a 2% decrease on the day. SNX, DUSK, POLYX, and MKR are also trading at $3.11, $0.283, $0.364, and $2,069 respectively, reflecting the dynamic nature of the cryptocurrency market.
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With a focus on innovation and growth, Chainlink continues to lead the charge in the RWA sector, setting the bar high for other projects to follow suit. Keep an eye on these developments as they unfold, shaping the future of decentralized finance and tokenized assets.