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May’s development activity spearheaded by Kusama (KSM)

Gary Flanders by Gary Flanders
2 years ago
May's development activity spearheaded by Kusama (KSM)
  • Kusama (KSM) had the highest development activity in the last 30 days.
  • Ethereum (ETH), Cardano (ADA), and ChainLink (LINK) also had notable development activity.
  • ADA outperformed BTC and ETH by 0.99% and 0.45%, respectively.

Santiment, the esteemed blockchain intelligence firm, has taken to Twitter to unveil the most remarkable projects in terms of Github commits for the past month. Among the notable mentions were Ethereum (ETH), Cardano (ADA), and ChainLink (LINK), but the coveted top spot was claimed by none other than Kusama (KSM), which boasted the highest development activity in the last 30 days. This is a testament to the unwavering commitment of the Kusama team to push the boundaries of innovation and drive the blockchain industry forward.

Projects with the most development activity
Projects with the most development activity (Source: Santiment)

In May, KSM and Polkadot (DOT) emerged as the frontrunners with 564.73 development commitments, sharing the top spot in a neck-to-neck race. Not far behind, ADA secured the next position with an impressive 507.57 commits, showcasing its commitment to progress and innovation. These numbers reflect the unwavering dedication of these blockchain giants towards advancing the industry and pushing the boundaries of what’s possible.

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Amidst the pack, Hedera (HBAR), Decentraland (MANA), Status (SNT), and Cosmos (ATOM) stood out with noteworthy development activity. Unexpectedly, Internet Computer (ICP) and Chainlink (LINK) secured the eighth and ninth positions. Notably, Ethereum (ETH), the top altcoin, landed tenth with a modest 281.23 commits. These results reflect the diligent efforts of the blockchain community towards advancing the technology and its applications.

According to CoinMarketCap, the current value of ETH is $1,861.84 as of press time. However, it experienced a 1.97% decline in the past 24 hours. Despite this setback, ETH managed to outshine the market leader, Bitcoin (BTC), by 0.55%.

The current market value of ADA stands at $0.3743, reflecting a slight dip of 1.57% over the last 24 hours. Despite this, the Ethereum competitor has managed to maintain a positive weekly performance of +2.73%. ADA has outperformed BTC and ETH by 0.99% and 0.45%, respectively.

The latest market update reveals that LINK experienced a 1.44% dip in the past 24 hours, with its current trading price at $6.51. However, the altcoin’s weekly performance remained positive, just like ADA. As of now, LINK’s weekly price performance stands at +1.85%.

Disclaimer: The insights, perspectives, and data presented in this price analysis are published in good faith. Readers must conduct their own research due diligence. Any decision made by the reader is solely their responsibility, and Crypto Outlooks shall not be held responsible for any consequential or incidental harm or loss.

Tags: ADAAltcoinCardanoChainLinkDOTETHEthereumKSMKusamaLINKPolkadot
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Gary Flanders

Gary Flanders

Passionate writer who is keenly exploring crypto and Blockchain loves to know about new things and explore what is happening in the world. Cherishes writing, primarily about cryptocurrency and Blockchain.

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