Crypto analytics firm Santiment reports that MultiversX (EGLD), formerly known as Elrond, continues to dominate the crypto gaming scene in terms of development activity.
MultiversX Leads the Pack
Over the past month, MultiversX boasted a whopping 212.17 notable GitHub events, significantly outpacing its competitors. Decentraland (MANA) came in second with 168.93 events, while Skale Network (SKL) trailed far behind with only 41.07 events. This isn’t a new trend; Santiment notes that MultiversX and Decentraland have held the top two spots for several months.
What the Data Means
Santiment emphasizes that its data excludes routine updates, using a refined methodology for tracking GitHub events. High development activity is generally seen as a positive sign, suggesting developer confidence in a project’s success and reducing the risk of scams.
About MultiversX
MultiversX is a decentralized, proof-of-stake blockchain network powered by over 3,500 nodes. Its goal is to empower developers to create cutting-edge applications. At the time of writing, its native token, EGLD, is trading at $18.10, showing a 3% increase over the past 24 hours.
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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