en
Back to the list

Polkadot Dominates in Developer Activity

source-logo  blockchainreporter.net 20 March 2023 10:48, UTC
image

Over the previous week, the price of Polkadot increased by about over 8% amid the network seeing the most developer activity according to recent data from CoinMarketCap. At the time of publication, $DOT, Polkadot’s native token, was trading at $6.46, beginning the week with no change in the price following a busy week.

Yet, while $DOT has started the week in a neutral position, the Polkadot ecosystem continues to see significant development activity, which, when paired with other indications, offers insight into the future of both Polkadot and $DOT.

Compared to other blockchains like Cardano and Ethereum, Polkadot has more daily development activity on GitHub.

In terms of development activity, according to a tweet from ProofofGitHub earlier today, Polkadot is leading, followed by Osmosis Network, Cardano, $SSV Network, and Ethereum, in that order.

Throughout the last week, Polkadot has seen a high pace of dApps development activity, and the pattern appears to be holding over into the upcoming week.

GitHub Daily Development Activity:

#1: 162 Polkadot / Kusama
#2: 144 Osmosis
#3: 121 $SSV Network
#4: 95 Cardano
#5: 89 Ethereum
#6: 63 Celo Euro
#7: 63 Celo
#8: 63 Celo Dollar
#10: 61 Zus pic.twitter.com/9HdX9IWGeX

— ProofofGitHub (@ProofofGitHub) March 20, 2023

Why such development activity?

Within its infrastructure, Polkadot has a number of chains that run a variety of decentralized apps (dApps).

A robust team of developers and contributors committed to Polkadot’s success may be indicated by the project’s high level of development activity. $DOT and other Polkadot ecosystem coins may see increasing momentum if projects achieve a critical mass.

blockchainreporter.net