Chainlink, a Decentralized Oracle Network, Leads in Recent Development Activity within the Real-World Assets Sector: According to Santiment

Chainlink Dominates Real-World Asset Sector with Top Development Activity, According to Santiment

In a recent analysis by the analytics firm Santiment, Chainlink has taken the lead in development activity within the realm of real-world assets (RWA) over the past months. The blockchain platform recorded a staggering 532.43 notable GitHub events in the past 30 days, heading the RWA pack.

Avalanche, another standout in the sector, followed closely with 290.87 events, and Stellar came third with 240.7 events. This trend is not new; throughout the year, Chainlink has consistently maintained the top development activity spot, often doubling the number of GitHub events registered by its closest competitors.

Santiment cautions against associating development activity with mere routine updates, emphasizing a more robust methodology to collect data based on a backtested process. The firm's tracking highlights the substantial commitment of developers to a given project, which could be an encouraging sign of a project's long-term viability and diminishing the likelihood of potential exit scams.

At the time of writing, Chainlink's native token, LINK, is trading at $15.58. Despite a near 7% drop in the past 24 hours, the 16th-ranked cryptocurrency by market cap managed a slight increase of over 1% in the past week.

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Chainlink, a Decentralized Oracle Network, Leads in Recent Development Activity within the Real-World Assets Sector: According to Santiment