Santiment recently released a ranking of the top digital assets in terms of notable development activity for the last 30 days. Taking the lead in this ranking is Internet Computer (ICP) with an overall score of 570.1. This token is the second-largest in the Artificial Intelligence (AI) realm, boasting a market capitalization of almost $3.5 billion. Despite a bullish run in March that saw the price jump to nearly $20, it has since retraced to around $7.50 according to CoinGecko’s data.
Following closely behind Internet Computer in Santiment’s ranking are Hedera (HBAR) and Cardano (ADA), claiming second and third place respectively. For Cardano, securing a spot in the top 3 is a significant achievement given its substantial decline during the recent market crash. At one point, the price plummeted to a nine-month low of $0.28, with the market capitalization teetering on the brink of dropping below $10 billion. The negative trend resulted in a considerable impact on ADA investors, with many experiencing paper losses. However, the current situation appears to be more positive, with approximately 15% of investors now in the green.
Other notable entries in the top 10 list include Ethereum (ETH), Chainlink (LINK), Polkadot (DOT), and Cosmos (ATOM). Ethereum, the second-largest digital asset by market cap, has garnered attention due to the introduction of new spot ETH ETFs in the United States. Several financial giants, such as BlackRock, Fidelity, and Invesco, have launched these products, contributing to Ethereum’s ongoing popularity.
In a separate ranking by Santiment that evaluated the top 10 coins based on development frequency over a 30-day period, Hedera (HBAR) claimed the top spot followed by Chainlink (LINK) and Optimism (OP). These leaders received scores of 759, 526, and 481 respectively. Cardano (ADA) secured the fifth position in this ranking, while Cosmos (ATOM), Starknet (STRK), and Aptos (APT) were among the other cryptocurrencies featured further down the list. Interestingly, Ethereum (ETH) did not make the cut in this particular ranking, indicating a shift in developer activity.
The realm of digital assets is constantly evolving, with various cryptocurrencies vying for the top spot in terms of development activity. Santiment’s rankings provide valuable insights into the projects that are actively being developed and maintained, shedding light on potential trends and emerging leaders in the cryptocurrency market. Investors and enthusiasts alike can benefit from staying updated on the latest developments in the space to make informed decisions and navigate the ever-changing landscape of digital assets.
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