Chainlink (LINK) is dominating the development scene in the real-world assets (RWA) sector, according to recent data.
Chainlink Takes the Lead
Market intelligence firm Santiment reported that Chainlink showed significantly more development activity than other projects in the space. Over the past month, Chainlink boasted nearly 394 notable GitHub events. This is far ahead of the competition: Synthetix (SNX) had 176.6 events, and Dusk Foundation (DUSK) recorded 34.7. Polymesh (POLYX) and Maker (MKR) followed, with 25.9 and 21.7 events respectively.
Strong Fundamentals and Price Action
The news follows earlier reports highlighting Chainlink’s improving fundamentals and rising price. Data shows increasing on-chain activity, with active addresses trending upwards. LINK recently hit its highest price in almost two years, and futures open interest reached an all-time high of $770.27 million. At the time of writing, LINK is trading at $28.10, down 2% for the day. Other tokens mentioned were trading at: SNX ($3.11), DUSK ($0.283), POLYX ($0.364), and MKR ($2,069).
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing in cryptocurrencies.
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