In its latest report, cryptocurrency analysis company Santiment shared a list of the DeFi altcoins that developers focused on most in January 2024.
According to data, Osmosis ($OSMO), Radix (EXRD) and dYdX are leaders in developer activity in the field of DeFi assets.
Here are the DeFi altcoins that software developers focused on the most in January:
1.Osmosis ($OSMO) – 151
2.Radix (EXRD) – 121
3.dYdX (DYDX) – 108
4.Synthetix (SYN) – 83
5.FOX Token (FOX) – 69
6.Centrifuge (CFG) – 58.53
7.Lido DAO Token (LDO) – 58.27
8.Sora Validator Token – 47.93
9.Uniswap (UNI) – 47.2
10.Bancor (BNT) – 45.3
However, in another analysis he published, Santiment drew attention to some altcoins that are among the most rising ones in the cryptocurrency market. According to analysts, Bittensor became the focus with a rise of 70%, Helium 37% and Solana 25%. Santiment reported that Bitcoin's social volume is showing a downward trend, while on the other hand, a rising interest in speculative altcoins is observed.
*This is not investment advice.