The latest data from the crypto analytics platform Santiment reveals a surge in development activity within the decentralized oracle network Chainlink (LINK). According to Santiment, Chainlink has significantly climbed the ranks in development activity over the past month, moving from fourth place in May to the second spot last month.

Hedera (HBAR), the decentralized app protocol, continues to dominate the crypto space in terms of development activity. The top coins based on development frequency in the crypto sphere are as follows, with Hedera maintaining its leading position and Chainlink securing the second spot. The rankings are determined by tracking unique project activities and averaging them over the previous 30 days:

1) Hedera HBAR
2) Chainlink LINK
3) Optimism OP
4) Dfinity ICP
5) Cardano ADA
6) Ethstatus SNT
7) Cosmos ATOM
8) Zksync ZK
9) Starknet STRK
10) Aptos APT

In a comparison with other ERC-20 projects, Chainlink emerges as the top project in terms of recent development activity, as reported by Santiment. Chainlink recorded an impressive 560.6 significant GitHub events in the last 30 days, surpassing Status (SNT) which secured the second position with 385.97 events.

Status is actively working towards providing users with a secure messaging app, crypto wallet, and web3 browser through an open-source, peer-to-peer protocol with end-to-end encryption. The high level of development activity reflects the confidence developers have in the protocol, as noted by Santiment.

At the time of writing, Chainlink is trading at $14.41, marking a more than 1% increase in the last 24 hours.
To stay updated on the latest developments, subscribe to receive email alerts directly to your inbox. Follow us on X, Facebook, and Telegram to keep track of the price action in the crypto market.

Disclaimer: The opinions expressed on The Daily Hodl do not constitute investment advice. It is recommended that investors conduct thorough research before engaging in high-risk investments involving Bitcoin, cryptocurrency, or digital assets. Please be aware that all transfers and trades are conducted at your own risk, and any resulting losses are your responsibility. The Daily Hodl does not endorse the buying or selling of any cryptocurrencies or digital assets, nor does it provide investment advice. Kindly note that The Daily Hodl engages in affiliate marketing activities.

(Generated Image: Midjourney)