Developers’ favorite: LINK coin and these cryptos exist

According to data from Santiment, during May developers were focused on the following altcoin projects:

Cryptocurrency prices have been surging lately, and this activity is not only reflected in the market but also in developer activity.

When we look at the last 30 days, according to the data of cryptocurrency analysis company Santiment, the altcoins that showed the most interest from developers became clear. While there are some surprises on this list, the absence of Ethereum is also notable.

Here is the list including LINK coin, OP, ADA…

Developers’ favorite: LINK coin and these cryptos exist

According to data from Santiment, during May developers were focused on the following altcoin projects:

🧑‍💻 Here are #crypto's top coins by development frequency. The team at #Hedera has been the most active over this timeframe. The below list is sorted by counting any non-redundant activity from a project, and averaging this daily activity over the past 30 days:📈 1) @hedera… pic.twitter.com/jLKyHuuk1P

The absence of Ethereum and the rise of layer-2 solutions

It is noteworthy that Ethereum is not included in this list. This can be interpreted as a reaction to Ethereum’s scaling problems and high transaction fees. Layer-2 networks such as Optimism and Starknet on the list aim to solve these problems of Ethereum, and this attracts great attention from developers.

Although Starknet had not been featured much in previous developer lists, it made a significant jump, reaching 5th place on the May list. This shows the recent increasing popularity of Starknet and its adoption by developers.

There is also criticism that developer activity is artificially inflated on Github pages of cryptocurrency projects, with some spammy code changes. Santiment states that it uses a special method to filter these spam activities and thus provides realistic data.

The last 30 days of developer activity data shows which projects stand out in the cryptocurrency world and in which areas there may be developments in the future. This information can be an important guide for investors and developers.

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