What Blockchain Project is Leading Development Activity in the Gaming Sector?

According to crypto analytics firm Santiment, the layer-1 blockchain MultiversX (EGLD) is at the forefront of development activity in the digital asset gaming sector.

In a recent update, Santiment reported that MultiversX, previously known as Elrond, recorded 264.9 significant GitHub events in the last month.

MultiversX operates as a decentralized proof-of-stake blockchain network supported by over 3,000 nodes. Its primary objective is to facilitate the development of next-generation applications. Since surpassing Ethereum-based virtual reality platform Decentraland (MANA) in May, MultiversX has consistently led in GitHub activity within the crypto gaming space.

Currently, Decentraland holds the second position with 174.47 notable GitHub events in the past 30 days, while the layer-2 NFT scaling solution Immutable X (IMX) ranks third with 78.37 events.

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Santiment emphasizes that its methodology for tracking GitHub events is more refined, as it excludes routine updates and relies on a backtested process. The firm has previously highlighted that robust development activity around a crypto project typically signals developers’ confidence in the protocol’s future success, suggesting that the project is less likely to engage in fraudulent behavior.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.