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Cloud-Focused Web3 Altcoin Tops All Other Crypto Projects in Terms of Recent Development Activity: Santiment

February 17, 2024
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A cloud-focused Web3 altcoin has surged forward of all different crypto tasks by way of current improvement exercise, based on the analytics agency Santiment.

Santiment says the general public decentralized community Web Pc (ICP) registered 466.9 GitHub commits up to now 30 days, main all different crypto tasks.

The analytics agency notes that it doesn’t rely routine updates and makes use of “superior methodology” to gather knowledge for “true” GitHub commits solely.

Web Pc aims so as to add a serverless cloud performance to the general public web. The undertaking’s native asset, ICP, is buying and selling at $13.45 at time of writing and is down practically 2% up to now 24 hours.

Image
Supply: Santiment/X

Ethereum (ETH) competitor Cardano (ADA) is second on Santiment’s improvement exercise rankings, with 434.3 commits up to now 30 days.

Fellow sensible contract platform Polkadot (DOT) and its canary take a look at community Kusama (KSM) are tied for third, with each registering 431.33 commits, and Ethereum layer-2 scaling undertaking Optimism (OP) is in fifth with 405.7.

Santiment has beforehand said that heavy improvement exercise centered round a crypto undertaking is a optimistic indication that would imply builders imagine the protocol will probably be profitable or the undertaking will quickly be delivery new options. It additionally signifies that there’s much less risk that the undertaking is an exit rip-off.

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