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🔥 Top 10 Altcoins Developers Focused on in April Revealed – Etheruem Not in First Place April has come to an end and Bitcoin price closed the month in the red zone after a long period of time. Today, the cryptocurrency market has lost blood in general and daily losses have reached double digits in most altcoins. Despite this, cryptocurrency developers continue to develop altcoins, most of which are open source. Here are the altcoins that developers focused on the most during April and the ranking of their developer scores: 🔸 Optimism (OP) – 541 🔸 Hedera (HBAR) – 459 🔸 Cardano (ADA) – 432 🔸 Chainlink (LINK) – 397 🔸 Polkadot (DOT) – 390 🔸 Ethereum (ETH) – 323 🔸 Cosmos (ATOM) – 301 🔸 Internet Computer (ICP) – 295 🔸 MultiversX (EGLD) – 247 🔸 Aptos (APT) – 228 It is noteworthy that there are altcoins with much lower market values than ETH, ahead of the world's largest altcoin, Ethereum (ETH). Optimism, which ranks first, stands out as a layer-2 blockchain that aims to help scale Ethereum. This data was obtained through cryptocurrency data provider Santiment and was created based on the Github profiles of altcoin projects. However, it is important to remember that developer activity will not have a direct impact on the price of a cryptocurrency. #Altcoins

🔥 Top 10 Altcoins Developers Focused on in April Revealed – Etheruem Not in First Place

April has come to an end and Bitcoin price closed the month in the red zone after a long period of time. Today, the cryptocurrency market has lost blood in general and daily losses have reached double digits in most altcoins.

Despite this, cryptocurrency developers continue to develop altcoins, most of which are open source. Here are the altcoins that developers focused on the most during April and the ranking of their developer scores:

🔸 Optimism (OP) – 541

🔸 Hedera (HBAR) – 459

🔸 Cardano (ADA) – 432

🔸 Chainlink (LINK) – 397

🔸 Polkadot (DOT) – 390

🔸 Ethereum (ETH) – 323

🔸 Cosmos (ATOM) – 301

🔸 Internet Computer (ICP) – 295

🔸 MultiversX (EGLD) – 247

🔸 Aptos (APT) – 228

It is noteworthy that there are altcoins with much lower market values than ETH, ahead of the world's largest altcoin, Ethereum (ETH). Optimism, which ranks first, stands out as a layer-2 blockchain that aims to help scale Ethereum.

This data was obtained through cryptocurrency data provider Santiment and was created based on the Github profiles of altcoin projects. However, it is important to remember that developer activity will not have a direct impact on the price of a cryptocurrency.

#Altcoins

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📣 Investors See Opportunity in Solana’s Recent Dip Cryptocurrency markets experienced a brief pause in the altcoin recovery over the weekend as Bitcoin (BTC) faced resistance at the $67,500 mark. Bitcoin saw a minor decline of 0.2%, while Solana (SOL), the fifth-largest cryptocurrency, dropped over 2% to trade at $169. Despite this dip, investors view it as an opportunity for a rebound, especially considering the robust performance earlier in the month. 🔸 Recovery Process in Solana The initial three weeks of May were notably bullish for Solana (SOL), with its price surging from $112 to $168, marking a 50% increase. Investors are optimistic that this recent decline may allow for a renewed recovery as the new week begins. This positive trend, characterized by a strong higher low, suggests investor accumulation during market dips, potentially shifting market dynamics in favor of buyers. Additionally, the rising price has formed an inverse head and shoulders pattern, often seen as a bullish indicator pointing to a potential bottom formation for Solana. This technical pattern suggests that the cryptocurrency may be poised for further gains if current levels hold. 🔸 $Critical Formation in SOL On May 17, Solana’s price broke through the $160 neckline resistance, confirming a bullish trend. Should this pattern continue, buyers may drive the post-breakout rally to $210, representing a potential 24% gain. However, Bitcoin’s stabilization below $67,600 has led to some general supply pressures, causing SOL to rise modestly to $169. This minor pullback may serve as a test of the token’s sustainability above $160, establishing a solid support level for further appreciation. Conversely, a break below the neckline could invalidate the bullish outlook and potentially pull Solana back to $138. Thus, the cryptocurrency’s future direction hinges on maintaining or surpassing the current support levels. $SOL #SOL
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