According to statistics from Santiment, a renowned blockchain analytics company, Polkadot and Cardano have topped the GitHub commit rankings.
Polkadot and Kusama were placed first and third, respectively, in the platform’s recent analysis of the top 20 fastest-developing crypto assets.
These rankings show a lot of development activity, which might be a good sign for investors evaluating the future development and expansion of cryptocurrency ventures.
Rather than only tracking GitHub activity, the rankings take into account the amount of substantial changes or innovations contributed to a project. With the use of this strategy, the development team of a project may more accurately reflect the real progress being done by filtering out the noise.
High development activity rates, according to Santiment, often signify a committed team, higher feature shipping, and a decreased likelihood that the project would be an exit scam.
The survey also noted that among the top 100 cryptocurrencies by market valuation, 17 of the top 20 assets with the most development activity are cryptocurrencies. This shows that committed development teams and long-term price increases are strongly correlated.
It is important to keep in mind that there are many other aspects besides development activities to take into account when assessing a crypto project’s potential. High levels of development activity, however, might bolster investors’ confidence since they may lessen the probability of an asset’s value falling sharply.
