Cryptocurrency analysis firm Santiment has published a list of altcoins with the highest developer activity over the past 30 days. Based on notable GitHub commits, the list includes:
- Cardano (ADA)
- Polkadot (DOT)
- Kusama (KSM)
- Avalanche (AVAX)
- DFINITY (ICP)
- Hedera (HBAR)
- Cosmos (ATOM)
- Optimism (OP)
- Status (SNT)
- Chainlink (LINK)
It is noteworthy that Cardano, which ranks first in the developer activity rankings, is significantly ahead of the others. While Cardano's developer activity is at 540, Polkadot, which ranks second, has 357 developer activity.
Relatedly, cryptocurrency analyst Ali Martinez provided some insight into the market. According to Martinez, Polygon (MATIC) is on the verge of breaking out of a symmetrical triangle. According to the analyst, a sustained close of the candle above $0.96 on the weekly chart could push MATIC towards $1.73.
Additionally, The Sandbox (SAND) saw a significant increase in transactions above $100,000 in the last 24 hours. According to Martinez, this increase indicates increased interest from corporate companies and whales in SAND, which can often herald significant price increases.