In the rapidly evolving crypto space, developers hold a pivotal role in propelling innovation and advancing the underlying technology of these digital assets. In recent times, the development activities of chains like Polkadot (DOT), Kusama (KSM), and Cardano (ADA) have outpaced other significant players in the industry, as these projects emerge as the top performers with notable GitHub commits over the past 30 days.
This was disclosed in a recent report from Santiment, a leading behavior analytics resource. The report delves into the GitHub commits of various projects within the market over the last 30 days, identifying the top 20 assets with the most notable commits in this time period.
This development activity is a significant indicator of a project’s potential for growth and adoption and underscores the importance of staying up-to-date with the latest technological advancements to remain competitive in the industry.
Santiment employs an evaluation approach that eliminates the noise by solely considering the noteworthy GitHub commits of these projects, disregarding redundant updates and Slack conversations. The analytics platform pointed out that 17 of the top 20 projects are among the top 100 largest assets by market capitalization.
GitHub Commits Statistics
According to the analysis, Kusama and Polkadot emerged as the two projects with the highest number of GitHub commits in the last 30 days, each recording 606.5 in development activity count. These projects secured the top position despite observing declines in their GitHub commits. Notably, Kusama’s development activity fell by 12%, while Polkadot’s decreased by 8%.
Despite these 30-day declines, Kusama and Polkadot’s long-term trend of growth is evident in the significant increase in their GitHub commits since the start of the year. The Santiment article highlights that the surge dates back to 2020, indicating a continued upward trend. Polkadot and Kusama also topped a list of daily development from ProofofGitHub on March 19, and another Santiment list released on Feb. 22.
Ranking third on the list is Cardano with a development activity count of 461.47 in the past 30 days. Despite being dubbed as a “ghost chain,” the Cardano network has seen a remarkable surge in development activity. However, Santiment highlights that Cardano has not kept up with other crypto projects in terms of growth in development activity over the past three years.
Why Does GitHub Development Matters
High development activity is a critical aspect of the crypto industry. The metric is a clear indication of the active involvement of an asset’s development team in enhancing and innovating its functionality, which could lead to a wider acceptance and adoption of the asset by the larger community.
Moreover, a significant development activity can offer a crucial edge to an asset over its competitors. Given the rapidly changing landscape of the crypto industry, novel enhancements and upgrades can swiftly become the norm, putting those who fall behind in a disadvantageous position. By continually dedicating resources to the development, a team can outpace its peers and preserve its significance and utility.
Notably, a high development activity can also function as a metric for a team’s dedication and proficiency, mitigating conjectures of chain abandonment. Investors and users are more inclined to have confidence in and endorse a team that is consistently striving to enhance and innovate their projects. This can lead to an increase in investment and adoption.
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