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Cryptocurrency News Articles
Internet Computer (ICP) Leads the List of Top Cryptocurrencies Based on Notable Development Activity
Dec 20, 2024 at 12:30 pm
According to analytics platform Santiment, Internet Computer (ICP) leads the list of top cryptocurrencies based on notable development activity over the
Internet Computer (ICP) has emerged as the top cryptocurrency in terms of notable development activity over the past 30 days, according to analytics platform Santiment. Chainlink (LINK) and Hedera (HBAR) follow closely behind in second and third place, respectively. These rankings are based on recent activities of developers in each project’s codebase and technology.
The rankings also reveal directional trends. ICP continued to dominate the rankings with significant trading volumes, while LINK and HBAR maintained constant trading. StarkNet (STRK) also showed an upward movement, taking the fourth spot.
On the other hand, Cardano (ADA) dropped to fifth place, indicating that relative development activity decreased. 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 ranking
Some projects experienced noticeable changes in momentum. DeFiChain (DFI) rose to ninth place, with signs of increased development activity in the project. Similarly, SUSD (SUSD) also ranked tenth with increased activity, as observed in the chart. On the other hand, ADA, OP, DOT and KSM saw a decline in their positions compared to the previous month. Some of these changes may reflect differences in strategic direction or priorities among the teams.
Development activity is usually linked to the sustainability of long-term projects and creativity. The higher the rank, the more committed the developers are, and there are frequent updates, which can interest investors and contribute to the development of the ecosystem.
The year 2024 has been very favorable for the crypto market. Bitcoin reached $100,000, the global legal and regulatory environment is evolving, and large financial companies are entering the market.
According to Statista, Bitcoin and Ethereum together 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 alternative currencies, such as Polkadot (DOT).
Crypto’s Expanding Influence Among American Voters
The adoption of crypto continues to increase in American politics, as evidenced by a survey from Emerson College that found 20% of voters had an active involvement with digital assets. Of these voters, 37% had purchased cryptocurrencies, showing their use as a payment tool.
The survey showed that crypto users are younger, more diverse and are mostly male. More than 57% of these users reported positive feelings towards Donald Trump, which is consistent with the former president’s positive view of cryptocurrencies as well as his appointments of crypto enthusiasts to key positions within the government. The survey found that voters under 40 were the most likely to own cryptocurrencies, while usage was very low among people over 40.
The study also indicated that more men than women used cryptocurrencies as they were twice as likely to do so. In addition, a higher percentage of crypto users were people from minority groups, underlining the inclusive nature 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!
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- RCO Finance (RCOF) Is Projected to Dominate the Crypto Landscape in 2025
- Feb 24, 2025 at 08:50 am
- The Bitcoin price has been a rollercoaster for investors, captivating the crypto world with its dramatic highs and lows. However, as 2025 unfolds, the flagship cryptocurrency appears to be losing momentum, creating an opening for emerging players like RCO Finance (RCOF) to take center stage.
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- WallitIQ (WLTQ): A Promising AI Token Emerges Amidst Dogecoin and XRP Surge Predictions
- Feb 24, 2025 at 08:50 am
- As we proceed into the year, experts are buzzing about the potential surges of Dogecoin and XRP, both surging in the crypto market. With projections suggesting significant price increases, attention is also turning to an emerging AI token. This new contender joins the ranks of established favorites as investors are keen to see if WallitIQ (WLTQ) can capitalize on the momentum of its predecessors in this evolving landscape.