In the cryptocurrency market, a new leader emerges in the development metric, demonstrating the vibrant ongoing commitment and innovation in the sector. The Internet Computer (ICP) has just surpassed Cardano (ADA) to become the cryptocurrency with the most development activity over the past month, a notable feat that signals its growing influence and dedication to technological progress.
According to on-chain analysis carried out by renowned company Santiment, development activity is evaluated based on the volume of work delivered by developers in public GitHub repositories. This metric, crucial for understanding the dynamism and health of crypto projects, goes beyond simple “commits” to encompass “events”, which include actions such as code submissions, issue interactions and creation of comments. Such an approach ensures a more accurate assessment, excluding double counting of activities in bifurcated projects.
The latest results reveal that Internet Computer recorded an impressive 467 events, surpassing not only Cardano but also other industry giants like Polkadot. This notable rise indicates a significant increase in output from ICP developers, reflecting a deep commitment to advancing the project. Ethereum, although still the second largest digital asset by market cap, has also seen an improvement in its position, jumping to ninth place.
🧑💻 Here are #crypto‘s top projects, sorted by notable #github activity in the past 30 days:
1 @dfinity $ICP
2 @cardano $ADA
T3 @polkadot $DOT
T3 @kusamanetwork $KSM
5 @optimismFNP $OP
6 @ivy $HBAR
7 @ethstatus $SNT
8 @cosmos $ATOM
9 @ethereum $ETH
10 @suinetwork $SUI pic.twitter.com/VuxWd0eCCD— Santiment (@santimentfeed) February 15, 2024
This spike in Internet Computer development activity suggests a strong involvement of developers with the project, highlighting an ecosystem in constant evolution and expansion. Investors and sector enthusiasts see this type of activity as an indication of health and long-term growth potential, making the metric an essential factor in evaluating cryptocurrencies.
Increased development activity not only strengthens Internet Computer’s position in the market, but also contributes to continued innovation and development in the crypto space. As the sector evolves, a project’s ability to adapt and innovate becomes increasingly crucial to its success and sustainability.
At the time of publication, the price of ICP was quoted at US$13.07, down 4% in the last 24 hours.
Disclaimer:
The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing in or trading cryptocurrencies carries a risk of financial loss.
Source: https://portalcripto.com.br/internet-computer-icp-supera-cardano-como-lider-em-desenvolvimento-cripto/
