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Cryptocurrency News Articles
Internet Computer (ICP) Leads the List of Top Cryptocurrencies Based on Notable Development Activity Over the Past 30 Days
Dec 19, 2024 at 08:42 pm
According to analytics platform Santiment, Internet Computer (ICP) leads the list of top cryptocurrencies based on notable development activity over the past 30 days.
Internet Computer (ICP) topped the list of cryptocurrencies with the highest development activity over the past 30 days, according to analytics platform Santiment. Chainlink (LINK) and Hedera (HBAR) followed closely behind in second and third place, respectively.
The rankings, which are based on the recent activities of developers in each project’s codebase and technology, also revealed directional trends. While ICP maintained its lead with significant trading volumes, LINK and HBAR sustained constant trading. StarkNet (STRK) demonstrated an upward movement and took the fourth position. In contrast, Cardano (ADA) dropped to fifth place, indicating a decrease in relative development activity.
Other projects on the list include Optimism (OP) in sixth place, Polkadot (DOT) in seventh place, and Kusama (KSM) in eighth place. Rising and Falling Trends in the Rankings
Some projects experienced notable momentum changes. DeFiChain (DFI) moved up to ninth place, with signs of increased developer activity in the project. SUSD (SUSD) also ranked tenth with increased activity, as observed in the chart.
On the other hand, ADA, OP, DOT, and KSM experienced a drop in their positions compared to the previous month. Some of these changes may reflect differences in strategic orientation or priority among the teams.
Development activity is usually linked to the sustainability of long-term projects and creativity. The higher the rank, the more engaged developers are engaged in the project, with frequent updates that may interest investors and contribute to the ecosystem's evolution.
The year 2024 has been very favourable to the cryptocurrency market. Bitcoin hit $100,000, the global legal and legislative environment is being developed, and large financial corporations are entering the market.
According to Statista, Bitcoin and Ethereum combined had a market share of more than half of the entire market in 2024. At the same time, the newcomers tried to maintain their positions among the altcoins, Polkadot (DOT).
Crypto’s Expanding Influence Among U.S. Voters The adoption of crypto continues to rise in US politics, as revealed from a survey by Emerson College that showed 20% of the voters had an active engagement with digital assets. Of these voters, 37% have purchased cryptocurrencies, proving their use as a payment tool.
The survey showed that crypto users are younger, more diverse, and are mostly men. More than 57% of these users reported positive sentiment toward Donald Trump, which is in line with the former president’s positive view on cryptocurrencies as well as his appointments of crypto enthusiasts to important positions within the government.
The survey found that voters below 40 years old were the most likely to own cryptocurrencies, while the usage was very low among people above 40. The study also indicated that more men than women were using cryptocurrencies as they were twice as likely to do so.
Moreover, a higher percentage of crypto users were people from minority groups, thus underlining the inclusiveness of the industry.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Lightchain AI ($LCAI) Is the Next Solana (SOL) as Investors Reallocate Profits into This New AI-Blockchain Contender
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