Hedera (HBAR) Leads Developer Focus in Latest Santiment Report

HBAR

HBAR/USDT

$0.08788
-4.37%
24h Volume

$153,406,012.24

24h H/L

$0.09362 / $0.08662

Change: $0.007000 (8.08%)

Funding Rate

-0.0000%

Shorts pay

Data provided by COINOTAG DATALive data
HBAR
HBAR
Daily

$0.08788

-1.78%

Volume (24h): -

Resistance Levels
Resistance 3$0.1092
Resistance 2$0.0935
Resistance 1$0.0882
Price$0.08788
Support 1$0.0878
Support 2$0.0839
Support 3$0.0493
Pivot (PP):$0.088237
Trend:Downtrend
RSI (14):30.0
(08:16 AM UTC)
2 min read

Contents

1084 views
0 comments
  • The latest data on developer activity in the cryptocurrency space has been revealed by Santiment.
  • Santiment analysts provided insights on which altcoins have garnered the most attention from developers over the past 30 days.
  • The rankings are based on the average daily activities of developers, specifically looking at non-redundant activities on GitHub repositories.

Discover which altcoins are leading the pack in developer activities and what this means for the crypto market.

Top Altcoins Dominating Developer Activity

According to Santiment’s recent analysis, Hedera (HBAR) has maintained its position at the top with an impressive developer activity score of 759.33. This makes Hedera a standout among its peers, showing a strong and sustained interest from its developer community.

Chainlink’s Rise in Developer Engagement

Coming in second place is Chainlink (LINK), which has seen a notable increase in developer activity, scoring 526.1. This rise demonstrates a growing interest and ongoing development within the Chainlink ecosystem, highlighting its potential future innovations and enhancements.

Shifts Among the Top Contenders

Optimism (OP) ranks third with a score of 481.2, down from its previous second-place position. This change indicates some shifts in developer focus, though it remains a significant player. Other notable mentions include Internet Computer (ICP) with a score of 434.13, and Cardano (ADA), which has achieved a score of 427.6.

Comprehensive Developer Activity List

  • Hedera (HBAR) – 759.33
  • Chainlink (LINK) – 526.1
  • Optimism (OP) – 481.2
  • Internet Computer (ICP) – 434.13
  • Cardano (ADA) – 427.6
  • Status (SNT) – 347.67
  • Cosmos (ATOM) – 343.3
  • zkSync (ZK) – 322.07
  • Starknet (STRK) – 316.67
  • Aptos (APT) – 310.63

Santiment has based these scores on the frequency and relevance of source code contributions on public repositories, indicating the level of active development.

Conclusion

The current rankings highlight remarkable developer interest and involvement in specific altcoins, particularly Hedera and Chainlink. These insights are valuable for investors and community members looking to gauge the potential growth and activity within the cryptocurrency projects. Keeping an eye on such developments can provide a better understanding of where innovation and substantial work are currently being focused in the crypto landscape.

EW

Emily Watson

COINOTAG author

View all posts

Comments

Comments