According to Crypto Analytics company Santiment, Layer-1 blockchain Multiversx (EGLD) continues to lead the digital asset gaming sector in the field of development activities.
Santiment notes Multiversx X, previously known as Elrond, has registered prominent Github events over the past 30 days.
Ethereum (ETH)-based virtual reality platform Decentraland (MANA) ranks second, logging 168.93 events, with the Ethereum Layer-2 protocol Skale Network (SKL) being one third of 41.07.
According to Santiment, Multiversx and Decentraland also took up two spots, number one and the other the previous month.
Source: Santiment/x
Santiment focuses on not counting routine updates, but using “better methodology” to collect data for GitHub events based on “back-tested processes.”
The analytics company previously said heavy development activities centered around cryptographic projects are a positive indication that developers believe the protocol will be successful. It also shows that the project is unlikely to be an exit scam.
MultiversX is a decentralized, proven blockchain network that is decentralized over more than 3,500 nodes. The purpose of this project is to help developers build next-generation applications.
EGLD, the project’s native token, is trading for $18.10 at the time of writing. Cryptocurrency, ranked 139th by market capitalization, has grown by more than 3% over the past 24 hours.
Generated Image: Midjourney
