Polkadot Leads Crypto Development Activity, BitStarz Player Wins Big
26. January 2023
• According to data from the on-chain analytics firm Santiment, Polkadot (DOT), Kusama (KSM), and Cardano (ADA) make up the top three in the development activity list.
• This work is gauged in quantities of “events,” where an event refers to actions like pushing a commit, creating an issue, forking the repository, creating a pull request, and several others.
• BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner? 570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!
Data from Santiment has revealed that Polkadot was the number one cryptocurrency in terms of development activity over the past 30 days. The “development activity” is a metric that is measured using the work being done by any project’s developers on its public GitHub repositories. This work is gauged in quantities of “events”, which refer to actions like pushing a commit, creating an issue, forking the repository, creating a pull request, and several others. Santiment’s measurement method is more accurate than other versions of this indicator, which generally only use the total number of commits on the GitHub project as a way of measuring the development activity. This is because when someone forks a project, all the commits of the original project are also inherited by the fork. Therefore, a pure count of the total commits would produce a false picture of the activity of this new developer.
The data from Santiment shows that Polkadot (DOT) was the leading cryptocurrency in terms of development activity over the past 30 days, followed by Kusama (KSM) and Cardano (ADA). This is indicative of the increasing popularity of Polkadot, which is currently the 8th largest cryptocurrency by market capitalisation. Furthermore, the news of a BitStarz player landing a $2,459,124 record win could also be a contributing factor to the development activity of Polkadot.
Overall, the data from Santiment shows that Polkadot has seen the most development activity over the last 30 days, indicating that the cryptocurrency is growing in popularity. Additionally, the news of a BitStarz player landing a $2,459,124 record win could also be a contributing factor to the development activity of Polkadot. Moreover, with the increasing development activity, Polkadot could become a major player in the cryptocurrency market in the near future.