Chainlink (LINK) Dominates as Top Developed Real-World Asset with Impressive Growth in May

  • Chainlink (LINK), the native token of the decentralized blockchain oracle network, has recently stood out as the real-world asset with the highest development activity for the past month.
  • This finding comes from Santiment’s dataset, which shows LINK leading followed by Synthetix (SNX), Centrifuge (CFG), and Oraichain (ORAI).
  • Santiment’s comprehensive methodology includes analyzing GitHub activity, ensuring only genuine developer contributions are considered.

Find out why Chainlink (LINK) leads in development activity and what this means for its future growth.

Top Development Activities Among Real-World Assets

In the cryptocurrency domain, real-world assets (RWAs) represent tangible items such as real estate and physical objects. These assets gain credibility through smart contracts on blockchains and have seen a remarkable increase in popularity, with an overall market capitalization in the billions.

Santiment’s process for identifying active development involves scrutinizing GitHub repositories to capture meaningful project innovation. By filtering out redundant activities, only the productive contributions of development teams are recorded. The data is averaged over a 30-day period to determine the top ten most actively developed projects.

From this analysis, LINK emerges as the leading RWA in terms of developer activity. With a significant improvement over previous months, Chainlink’s developer activity in May reached 428.83, an increase from April’s 383.03. This places it significantly ahead of its nearest competitor, Synthetix.

The Outlook for LINK’s Growth

Notably, Synthetix and Centrifuge have held their second and third places respectively, while Oraichain made significant advancements by surpassing Dusk Foundation. The latter now ranks fifth. Other projects like MakerDAO and Polymesh saw upward movements, whereas IX Swap experienced a decline. New entrants such as Defactor appeared in the rankings, replacing others like Creditcoin.

The consistent developer activity around Chainlink aligns with a substantial 25% increase in LINK’s value over the past month. This growth is attributed to heightened whale activity, increased transaction volumes, and strategic partnerships with prominent financial institutions.


Chainlink’s leadership in development activity underscores its robust infrastructure and the team’s dedication to continuous improvement. As LINK continues to collaborate with major financial players and sees rising levels of developer engagement, its future outlook appears promising. Investors and stakeholders should keep an eye on these developments as they suggest a positive trajectory for LINK in the coming months.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

Latest News

Insights by Willy Woo: Long-Term Holders and Paper BTC Impact Bitcoin’s Recent Price Movement to $65K

The cryptocurrency market has recently experienced dramatic...

Notcoin Leads Weekly Crypto Gains: Key Performers and Decliners Analyzed

The world of cryptocurrency witnessed...

Ethereum-Based Farcaster Poised to Launch Its Own Token After $150M Funding Boost

Farcaster, a blockchain-driven social network,...

Chamath Palihapitiya on SOL Coin: How Fed Rate Cuts Could Impact Cryptocurrency Investors

Cryptocurrencies continue to draw attention,...

PRO Analysis

Ethereum Price Analysis: Regulatory Delays and Market Sentiment Intensify Decline

The recent volatility in Bitcoin’s price has...

Discover the Future of Decentralized Trading: In-Depth Analysis of GNS Coin on Gains Network

Gains Network (GNS) is a decentralized trading...

Dogecoin Price Analysis: Potential Trend Reversal and Future Projections

Dogecoin's value has experienced a substantial decline...

BONK Price Analysis: Bullish Reversal Imminent as Key Support Level Holds

Amid fluctuating market conditions, BONK is displaying...
Gideon Wolf
Gideon Wolf
GideonWolff is a 27-year-old technical analyst and journalist with extensive experience in the cryptocurrency industry. With a focus on technical analysis and news reporting, GideonWolff provides valuable insights on market trends and potential opportunities for both investors and those interested in the world of cryptocurrency.

Insights by Willy Woo: Long-Term Holders and Paper BTC Impact Bitcoin’s Recent Price Movement to $65K

The cryptocurrency market has recently experienced dramatic shifts, with Bitcoin hitting a peak of $72,000 before falling back to $65,000. This...

Ripple’s Legal Struggle with SEC: $102.6 Million Settlement Offer Highlights XRP’s Uncertain Future

This week, Ripple Labs encountered a potential breakthrough in their ongoing legal dispute with the SEC. The...

Notcoin Leads Weekly Crypto Gains: Key Performers and Decliners Analyzed

The world of cryptocurrency witnessed some notable fluctuations this past week. Significant gains were observed in assets...