Internet Computer tops crypto dev activity with a score of 557.7, signaling rising demand for scalable blockchain infrastructure.
Chainlink and Starknet gain traction as dev activity boosts their roles in DeFi and Ethereum Layer 2 scaling, respectively.
Polkadot and Cardano maintain strong dev momentum as focus shifts toward interoperability and network performance upgrades.
Internet Computer (ICP) has claimed the top spot in cryptocurrency development activity for the past 30 days, according to Santiment data. The blockchain platform, designed for scalable cloud computing, recorded a DevAct score of 557.7 while achieving notable price and market cap growth. The rise highlights a broader focus on infrastructure projects across the sector.
Internet Computer Leads in Blockchain Infrastructure
In a post by Santiment, Internet Computer emerged as the most active blockchain project based on developer contributions over the last month. The platform, which aims to decentralize and enhance cloud computing capabilities, is trading at $5.63 after a 4.94% daily gain. Its $3 billion market cap secures its position at 76th among cryptocurrencies.
https://twitter.com/santimentfeed/status/1934646532113944826
Such a path is consistent with ongoing enhancements of its smart contract features and developer tools. Such ongoing development, experts say, is due to mounting demand for robust, scalable blockchain technology among enterprise applications.
Chainlink Consolidates Decentralized Oracles Leadership
Chainlink (LINK) moves to the second spot with a development activity value of 370.8. According to a Santiment report, the Ethereum-backed project is trading at $13.81, representing a 4.93% day-on-day increase. The Chainlink market cap is a $9.07 billion value, ranking it as the world's 33rd largest cryptocurrency.
This frequent developer interaction tells volumes about the project's underlying significance within DeFi and off-chain data aggregation. With decentralized application adoption continuing to grow, Chainlink's ecosystem just keeps increasing with integrations and technical innovation.
Starknet Brings Ethereum Layer 2 Scaling
Starknet (STRK) ranks third with a development score of 260.6. The Ethereum Layer 2 scaling solution is trading at $0.124899 after a 5.85% increase over 24 hours. Its market cap valuation of $418.6 million ranks 216th among cryptocurrencies.
Significantly, Starknet is dedicated to ZK-rollup infrastructure to speed up transaction speeds and reduce fees. The trend in this development reflects the overall trend toward Layer 2 solutions as Ethereum's scalability concerns persist. Data from Santiment shows ongoing developer interest in optimizing blockchain networks for mass adoption.
Polkadot and Cardano Battle in Interoperability
Polkadot (DOT) and Cardano (ADA) occupy fourth and fifth ranks with 218.47 and 238.63 scores, respectively. DOT, worth $3.94, appreciated by 3.92% today, while the value of ADA appreciated by 3.31% to $0.649428. Both projects have robust market caps and developer bases.
Polkadot's focus on cross-chain compatibility is gaining traction yet again, particularly with the enhancements in parachain auctions. Cardano's academic approach to developing blockchain guarantees steady upgrades, such as its Hydra scalability solution.
Ethereum Stands Firm Amid Rivals
Ethereum (ETH) completes the top-tier group with a development score of 185.73. Priced at $2,635.19 after a 3.98% rise, the blockchain continues to be the largest smart contract platform, valued at $318.2 billion.
Despite the immediate competition from Layer 2 chains and other chains, Ethereum's developer base remains unbeaten. Proof that it has remained resilient and active in the crypto market continues to be shown through the developments on the platform, including the transition to proof-of-stake.
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