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Top 5 Most Developed Cryptocurrency Projects This Past Month

25.07.2024 9:00 1 min. read Alexander Stefanov
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Top 5 Most Developed Cryptocurrency Projects This Past Month

In its latest report, cryptocurrency analysis firm Santiment identified the DeFi altcoins that saw the most developer activity over the past month.

According to the data, Synthetix (SNX) led the pack with a developer score of 233.87, narrowly edging out dYdX (DYDX), which scored 224.93 and had topped last month’s list. Osmosis (OSMO) remained in third place with a score of 169.57.

The top 5 altcoins with the highest developer focus in the last 30 days are as follows:

  1. Synthetix (SNX) – 233.87
  2. dYdX (DYDX) – 224.93
  3. Osmosis (OSMO) – 169.57
  4. Lido DAO Token (LDO) – 134
  5. Injective (INJ) – 110.1
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Other projects with notable developer contributions are Radix, Uniswap, Centrifuge (CFG), Fox Token (FOX) and Sora Validator Token (VAL).

Santiment bases these scores on Github data, tracking changes made by developers in various open-source cryptocurrency projects to gauge developer activity.

Alexander Stefanov
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With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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