Chainlink (LINK), a decentralized oracle network, has experienced a significant increase in development activity, as reported by Santiment, a crypto analytics platform. According to Santiment, Chainlink has risen from fourth place in May to second place in terms of development activity in the last 30 days.

Hedera (HBAR), a decentralized app protocol, continues to lead in development activity within the crypto space. The top coins by development frequency, as reported by Santiment, are as follows:

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

When comparing Chainlink to other ERC-20 projects, Santiment notes that Chainlink ranks at the top in terms of recent development activity. Chainlink registered 560.6 notable GitHub events in the past 30 days, securing the number one spot, while Status (SNT) came in second with 385.97 events.

Status aims to provide users with a secure messaging app, crypto wallet, and web3 browser through an open-source, peer-to-peer protocol and end-to-end encryption.

According to Santiment, heavy development activity indicates that developers have confidence in the Chainlink protocol. At the time of writing, Chainlink is trading for $14.41, reflecting an increase of more than 1% in the last 24 hours.