Santiment is a blockchain data analytics platform that provides on-chain, social, and development metrics for over 9,000 cryptocurrencies. The top 10 crypto assets by development activity as revealed by Santiment are:
- Polkadot (DOT) and Kusama (KSM)
- Cardano (ADA)
- Hedera (HBAR)
- Chainlink (LINK)
- Dfinity (ICP)
- EthStatus (SNT)
- Aptos (APT)
- Vega Protocol (VEGA)
- Cosmos (ATOM)
These 10 crypto assets are all actively being developed, which is a good sign for their long-term potential. Polkadot and Kusama are both blockchain platforms that aim to connect different blockchains together, while Cardano is a proof-of-stake blockchain that is known for its research-driven approach. Hedera is a public ledger platform that is designed to be scalable and secure, while Chainlink is a decentralized oracle network that provides secure and reliable data to smart contracts. Dfinity is a decentralized cloud computing platform that aims to create a new internet that is more secure and efficient. EthStatus is a decentralized application that provides information about the Ethereum network, while Aptos is a new blockchain platform that is being developed by the team behind Diem. Vega Protocol is a decentralized derivatives exchange that aims to provide a more efficient and transparent way to trade derivatives. Cosmos is an ecosystem of blockchains that are connected together by the Inter-blockchain Communication Protocol (IBC).
The fact that these 10 crypto assets are all actively being developed is a good sign for their long-term potential. It suggests that the teams behind these projects are committed to their work and that they are constantly looking for ways to improve their products. This is important for any crypto asset, as it means that the project is likely to continue to evolve and improve over time.
Of course, development activity is not the only factor to consider when investing in crypto assets. It is also important to look at the overall fundamentals of the project, such as the team, the technology, and the use case. However, development activity is a good starting point for evaluating the potential of a crypto asset.
Here are some of the factors that could contribute to the growth of these 10 crypto assets in the future:
Increased adoption by developers: If more developers start building on these platforms, it will lead to increased usage and demand for the tokens.
New partnerships and integrations: If these projects form partnerships with other companies or integrate with other blockchains, it will expand their reach and make them more attractive to users.
Positive news and events: If these projects receive positive news coverage or announce major developments, it could boost their price.
Overall, the top 10 crypto assets by development activity are all promising projects with the potential for growth in the future. However, it is important to do your own research before investing in any crypto asset.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any service.
Follow us on Twitter @thevrsoldier to stay updated with the latest Metaverse, NFT, A.I., Cybersecurity, Supercomputer, and Cryptocurrency news!
Image Source: gheoronstan/123RF // Image Effects by Colorcinch