Polkadot (DOT), Kusama (KSM), and Cardano (ADA) lead the crypto space in terms of “notable” GitHub development activity, according to cryptanalysis firm Santiment.
holyday grades that Polkadot and its canary Kusama testnet logged 591.47 Github commits in the last 30 days, leading all other crypto assets.
Ethereum (ETH) competitor Cardano registered 531.8, and the Web3 Internet Computer (ICP) project was fourth at 399.7.
Santiment notes that it doesn’t count routine updates and used an “advanced methodology” to collect data only for “true” GitHub commits.
The analytics firm has previously said that heavy development activity focused on a crypto project is a positive indication that could mean developers believe the protocol will succeed or offer new features. It also indicates that there is less chance that the project is just an “exit scam”.
DOT is trading at $6.05 at the time of writing. The 13th-ranked crypto asset by market capitalization is down nearly 4% in the past 24 hours.
KSM, the crypto asset ranked 136th by market capitalization, is trading at $33.37 at the time of writing and is down 4.22% the day before.
ADA is trading around $0.3601 at the time of writing. The seventh-ranked crypto asset by market capitalization is down 2.65% over the past 24 hours.
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