The decentralized oracle community Chainlink (LINK) continues to dominate crypto’s real-world asset (RWA) sector when it comes to growth exercise, in accordance with the analytics agency Santiment.
Santiment notes in a brand new submit on the social media platform X that Chainlink registered 532.43 notable GitHub occasions up to now 30 days.
The determine far exceeds the second-ranked RWA venture, the layer-1 blockchain Avalanche (AVAX), which clocked 290.87 GitHub occasions. The peer-to-peer funds venture Stellar (XLM) was third, with 240.7.
Chainlink has occupied the highest spot on Santiment’s record all yr, usually clocking a number of occasions the variety of GitHub occasions because the second-ranked venture.
Santiment notes that it doesn’t rely routine updates and makes use of a “higher methodology” to gather information for GitHub occasions primarily based on a “backtested course of.”
The analytics agency has beforehand mentioned that heavy growth exercise centered round a crypto venture is a optimistic indication that might imply that the builders consider the protocol will likely be profitable. It additionally signifies that the venture is much less more likely to be an exit rip-off.
Chainlink’s native token, LINK, is buying and selling at $15.58 at time of writing. The Sixteenth-ranked crypto asset by market cap is down almost 7% up to now 24 hours however up greater than 1% up to now week.
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