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Santiment Reveals the Top 10 Altcoins Developers Are Focusing on on the BNB Chain Network: First Ranking is Unexpected

source-logo  en.bitcoinsistemi.com 26 May 2024 20:52, UTC

In its statement, cryptocurrency analysis company Santiment shared an evaluation of the altcoins that developers focus on the most on BNB Chain, supported by Binance.

Santiment analysts based the evaluation on the Github pages of altcoin projects. Code contributions made by developers to the altcoins in question were used to create the developer score.

Here are the altcoins and developer scores that developers have focused on the most in the last 30 days on the BNB Chain network:

  • Bitcoin BEP2 (BTCB) – 112.73
  • Dusk (DUSK) – 42.73
  • Flux (FLUX) – 22.6
  • Trust Wallet Token (TWT) – 22.1
  • Beefy.Finance (BIFI) – 20.23
  • Zigcoin (ZIG) – 16.27
  • ApeSwap Finance (BANANA) – 15.1
  • Saito (SAITO) – 11.27
  • TokenPocket (TPT) – 8.43
  • 0x (ZRX) – 4.07

BTCB, which ranks first on the list, can actually be defined as the BTCs in the Bitcoin network bridged to BNB Chain. Users obtain BTCB on the BNB Chain network by locking their Bitcoins on a bridge, and this token is thus traded at the same price as BTC. Users who want to return to the Bitcoin network get their BTC back by burning BTCB tokens on the bridge.

*This is not investment advice.

en.bitcoinsistemi.com