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.
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.
Robinhood appears poised to make its boldest move yet: bringing U.S. financial markets to Europe through the power of blockchain.
Maldives is setting its sights on becoming a global fintech player by diving headfirst into the world of crypto and blockchain.
Ethereum co-founder Vitalik Buterin has called for a major reset of the blockchain’s design, warning that the network’s growing complexity threatens its long-term success.
Google is rolling out a privacy-focused update to its Wallet app by integrating zero-knowledge proofs (ZKPs), allowing users to verify identity attributes like age without revealing personal details.