Santiment Reports: Ethereum-Based Altcoin Takes the Lead in Development Activity within Real-World Assets Sector

Santiment Reports: Ethereum-Based Altcoin Takes the Lead in Development Activity within Real-World Assets Sector

Santiment, a blockchain analytics platform, has reported that Chainlink, an Ethereum-based altcoin project, is leading the real-world asset (RWA) sector in terms of development activity. According to Santiment, Chainlink has the highest daily activity on GitHub, a development hosting platform. In fact, Chainlink has over twice the amount of development activity compared to Synthetix, the second most active blockchain project in the RWA sector. Santiment’s ranking list for real-world assets based on development activity is as follows: 1. Chainlink 2. Synthetix.io 3. Centrifuge 4. Dusk 5. Oraichain 6. Creditcoin 7. IX Swap 8. Maker 9. Polymesh Network 10. Reserve Rights.

Santiment has also noted that Tellor, the native asset of the decentralized oracle protocol, is performing exceptionally well this month. Tellor’s market cap has doubled since the beginning of May, and there has been a sudden increase in whale transactions and address activity, indicating potential profit-taking.

As of now, Tellor is trading at $111.64, showing a 16% increase in the last 24 hours.

Please note that the opinions expressed in this article are not investment advice, and investors should conduct their own research before making any high-risk investments in cryptocurrencies or digital assets.

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