Chainlink Leads Development in Real-World Assets

Blockchain Analytics

According to Santiment, an Ethereum-based altcoin, Chainlink (LINK), is dominating the real-world assets (RWA) sector in terms of development activity. Chainlink’s daily activity on GitHub surpasses that of its closest competitor, Synthetix (SNX), by over two times.

Top RWA Projects by Development

Santiment’s ranking of RWA projects based on development activity is as follows:

  1. Chainlink
  2. Synthetix.io
  3. Centrifuge (CFG)
  4. Dusk (DUSK)
  5. Oraichain (ORAI)
  6. Creditcoin (CTC)
  7. IX Swap (IXS)
  8. Maker (MKR)
  9. Polymesh Network (POLYX)
  10. Reserve Rights (RSR)

Tellor’s Strong Performance

Santiment also highlights the impressive performance of Tellor (TRB), the native asset of a decentralized oracle protocol. TRB has doubled in market capitalization since the beginning of May, outperforming most other digital assets. Whale transactions and address activity have surged, indicating potential profit-taking.