The layer-1 blockchain MultiversX (EGLD) continues to lead the digital asset gaming sector in the realm of development activity

Santiment notes on the social media platform X that MultiversX, formerly known as Elrond, registered 212.17 notable GitHub events in the past 30 days.

Crypto analytics firm Santiment has revealed that layer-1 blockchain MultiversX (EGLD) is leading the digital asset gaming sector in the realm of development activity.

The firm, which specializes in providing insights into the crypto market, notes on the social media platform X that MultiversX, formerly known as Elrond, registered 212.17 notable GitHub events in the past 30 days.

The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) ranks second, clocking 168.93 events, and the Ethereum layer-2 protocol Skale Network (SKL) is a distant third with 41.07.

MultiversX and Decentraland have occupied the number one and two spots in previous months as well, according to Santiment.

To make it clear, we don't count routine updates. We use a better methodology to collect data for GitHub events based on a backtested process. Then, we triple-check the results to ensure accuracy in our crypto analytics.

MultiversX has been consistently registering high volumes of GitHub events in recent months. Last month, the project's developers logged 288 notable events. The project’s developers are focused on improving the protocol and rolling out new features.

Heavy development activity centered around a crypto project is a positive indication that could mean that the developers believe the protocol will be successful. It also indicates that the project is less likely to be an exit scam.

MultiversX is a distributed, proof-of-stake blockchain network that is decentralized via more than 3,500 nodes. The project aims to help developers build next-gen applications.

The project’s native token, EGLD, is trading at $18.10 at time of writing. The 139th-ranked crypto asset by market cap is up more than 3% in the past 24 hours.

Follow us on X, Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix