The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) continues to surpass all other non-fungible token (NFT) projects in terms of
Non-fungible token (NFT) projects are seeing a lot of development activity, and the Ethereum (ETH)-based virtual reality platform Decentraland (MANA) is leading the way.
Crypto analytics firm Santiment reports on social media platform X that over the past 30 days, Decentraland has registered 143 notable GitHub events.
The platform also led the rankings in December, November, October and September.
Layer-1 permissionless blockchain Flow (FLOW) continues to occupy the number two spot, with 114.9 notable events. Metaplex (MPLX), a decentralized NFT platform built on Solana (SOL), moved into third with 42.47 events, passing the NFT layer-2 scaling solution Immutable X (IMX), which clocked 37.73.
Santiment notes that it does not count routine updates and utilizes a “better methodology” to collect data for GitHub events based on a “backtested process.”
The analytics firm has previously stated that heavy development activity centered around a crypto project indicates developers’ belief in the protocol. Development activity also suggests that the project is less likely to be an exit scam.
Decentraland’s native asset MANA is trading at $0.307 at the time of writing. The 136th-ranked crypto asset by market cap is down more than 31% in the past seven days and over 37% in the past month.
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