As the cryptocurrency market grapples with a similarly familiar downturn, analytics firm Santiment has shared the decentralized finance (DeFi) altcoins that crypto developers have been focusing on the most over the past month.
Santiment collected this data based on code entries on Github pages of open-source cryptocurrency projects.
Interestingly, the top three positions on the list remain unchanged, but the rest of the list has seen significant updates. Here is the list of altcoins that crypto developers have focused on the most over the last 30 days, along with developer scores, compiled by Santiment analysts.
- Chainlink (LINK) – 244
- Synthetix (SNX) – 189
- DeepBook Protocol (DEEP) – 154
- Injective (INJ) – 96
- Radix (XRD) – 57
- Curve (CRV) – 52
- DefiChain (DFI) – 51
- Lida DAO Token (LDO) – 49
- dYdX (DYDX) – 47
- FOX Token (FOX) – 45.8
When we examine the data, we see that XRD, which was in fourth place on last month's list, fell one place, while INJ rose instead. In addition, DYDX, one of the well-known altcoins of the cryptocurrency world, fell a few places on the list.
*This is not investment advice.