Chainlink, a decentralized oracle network, is crushing the competition in terms of development activity within the real-world asset (RWA) sector of cryptocurrency.
Chainlink’s GitHub Dominance
According to analytics firm Santiment, Chainlink (LINK) had a whopping 532.43 notable GitHub events in the last month. That’s far ahead of the second-place project, Avalanche (AVAX), which only managed 290.87 events. Stellar (XLM) came in third with 240.7 events. Chainlink has held the top spot all year, consistently outpacing other projects.
What Does This Mean?
Santiment uses a sophisticated method to track these events, focusing on significant changes rather than routine updates. High development activity is generally seen as a positive sign. It suggests developers are confident in the project’s future and reduces the risk of scams.
LINK’s Current Status
Currently, LINK is trading around $15.58. While it’s down slightly in the last 24 hours, it’s seen a small increase over the past week. It remains a top 16 cryptocurrency by market capitalization.
