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According to a recent tweet by Santiment on-chain data vendor, three of the top 15 altcoins—Solana (SOL), Cardano (ADA) and Polkadot (DOT), also often referred to as Ethereum killers—have the potential to rise compared to other digital currencies.
Github submissions increase
The development activity rate of SOL, ADA and DOT has been on the rise recently, showing that the dev teams behind these cryptocurrencies continue to invest large efforts into their projects, as per recent data provided by Santiment.
The chart shows that SOL has been showing the largest development activity since approximately Nov. 15, which peaked on Jan. 21.
DOT developers have been most active during December, and their activity is rising again after a break in January.
Related
ADA dev activity is peaking now, according to the chart.
The Santiment graph also shows the development activity curves of a few other coins, including Dogecoin. The curve of DOGE has been showing neither a rise, nor a peak since November and is decreasing at the moment.
?? Development activity continues to play a vital role in the growth of major #cryptocurrencies and their abilities to thrive.
Notable #github submissions rates for $SOL, $ADA, & $DOT are key leaders. More on how we track here. https://t.co/vWQCE4r4pvhttps://t.co/3FbBNzrOiq pic.twitter.com/Rc7Jc5amD5
— Santiment (@santimentfeed) February 16, 2022
Disclaimer: The opinions expressed by our writers are their
own and do not represent the views of U.Today. The financial and market information
provided on U.Today is intended for informational purposes only. U.Today is not
liable for any financial losses incurred while trading cryptocurrencies. Conduct
your own research by contacting financial experts before making any investment
decisions. We believe that all content is accurate as of the date of publication,
but certain offers mentioned may no longer be available.
