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Top 20 Crypto Projects Leading Developer Activity in November: ICP, HBAR & More

source-logo  blockchainreporter.net 25 November 2024 12:20, UTC

There is no doubt that the developer activity index plays a crucial role in measuring the innovation level of crypto and blockchain-based projects. It is a record of events of contributions and changes occurring in various ecosystems along with advancements in technologies. The following list examines the twenty most active blockchain projects based on developer activity in the last 30 days to evaluate the pioneers behind decentralized development.

High-Performing Platforms in Developer Engagement

The first place belongs to Internet Computer (ICP), which has a very high developer activity score of 808.4. This crypto project is all about decentralizing Cloud Computing for Web3 applications and providing more infrastructure to it. Second in line is Chainlink (LINK), with a score of 730.73, a protocol that manages to monopolize much of the decentralized Oracle segment, which is responsible for bridging smart contract applications with external data.

At 466.5, Hedera (HBAR) maintains a high activity score. It has attracted attention from large organizations due to its Hashgraph consensus mechanism, which is efficient in energy usage and fast and scalable. On the other hand, Starknet (STRK), Ethereum Layer 2 scaling solutions with a developer activity score of 381.97, thanks to the zk-rollup feature that makes transactions efficient and cost-effective.

Smart Contracts and>Cardano (ADA) is still a leading name with 366.8 in developer activity. OP, with a developer score of 350.1, is also involved in scaling Ethereum as it uses optimistic rollup to enhance the throughput of the network and reduce the fees per transaction.

Pioneers in Blockchain Interoperability

Kusama (KSM) and Polkadot (DOT) are in the top 10 of the list, with both having a developer activity score of 337.53 and are the ones that provide cross-chain solutions. Kusama is essentially designed to be a testbed for Polkadot itself, where the latter provides a means for explaining how blockchains can securely and efficiently communicate with each other.

Cosmos (ATOM) is another notable example, standing at 18th, with a calculated 174.67 on the developer activity scale. Cosmos actively improves the IBC protocol, as the name speaks about connecting more blockchains into one interconnected network.

Gaming and Ecosystem Growth

Aptos (APT) has a developer activity of 262.87 that centers on the development of the new blockchain systems that are most suitable for gaming and dApp environments. Likewise, MultiversX (EGLD), which has a DA of 210.2, stands at 14th number and has the objectives of enhancing gaming and blockchain by establishing solid platforms for developers.

Another project boldly standing out in ecosystem development is Avalanche (AVAX), with a developer activity of 262.77.

Stablecoins and Decentralized Finance

sUSD (SUSD) takes the lead in the stablecoin category with a DA of 248.67, presenting a reliable collateralized asset for the expanding DeFi environment. Synthetix (SNX) is in the same category, which scores the same.

Another addition to this list is DeepBook Protocol (DEEP), which stands at 17th, with a score of 178.5 in developer activity. More specifically, it addresses the decentralized exchange infrastructure and supports the advancements in trading platforms and markets.

Emerging Technologies and Layer 2 Solutions

zkSync (ZK), with a developer activity of 238.3, and Ethereum, with a DA of 199.53, add diversity to the list. EigenLayer (EIGEN), taking 174.43 points, introduces a new staking option that will enable developers to decentralize new applications on already existing blockchains.

With a developer activity score of 178.5, Sui (SUI) intends to create a more efficient blockchain network with fewer delays.

Conclusion: A Comprehensive Look at Developer-Led Innovation

Concluding the list of Top 20, Stellar (XLM) scored 170.17 in the developer activity. These top 20 projects show the variety of blockchain technologies and applications, from layering solutions to interaction, DeFi, games, and financial markets. This high level of developer activities across these platforms indicates that these ecosystems are still healthy and hold strength in their capabilities to determine the future of blockchain technology.

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