💦💦What Does Chainlink’s Development Activity Leadership Mean? 💦💦

Over the past 30 days, Chainlink’s activity data on GitHub has shown a clear advantage over its competitors. Ethereum (ETH) came in second with 298.8 development activity, while decentralized finance (DeFi) protocol Synthetix (SNX) came in third with 289.93 GitHub activity. When we look at the overall data, it can be seen that Chainlink previously held the lead in June and August.

Santiment stated that it collected GitHub activity with a more “accurate methodology” and excluded routine updates. The firm emphasized that the data was compiled based on a “backtested process.” Although it is possible that projects like Cardano appear at the top based on the raw data, it warned that this could be misleading. For example, Stellar had previously held airdrops to increase GitHub activity, and it was stated that such artificial activity did not reflect real development.

According to Santiment, the intense development activity shows the trust of the developers in the protocol. This reduces the possibility of the project being a scam, while the continuous development is also remarkable. The continuous progress in the protocol brings with it the expectation of a steady increase in token prices. Many altcoins experienced a decrease in network activity before disappearing.

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