• 02 July, 2024
Market News News

Hedera Tops in Development Activities Surpassing Optimism and Cardano

In recent crypto developments, Hedera’s team has emerged as the most active among top coins, according to recent data by Santiment, an analytic firm. The list, which ranks projects by their average daily non-redundant activities over the past 30 days, highlights the most actively developed cryptocurrencies.

Hedera ($HBAR) leads the pack, demonstrating significant development frequency. This robust activity underscores the team’s commitment to advancing the Hedera network. According to CoinMarketCap, Hedra’s price at press time was around $0.099891, with a 24-hour trading volume of $50,210,572. Despite being down 0.91% in the last 24 hours, Hedera’s development efforts remain steadfast.

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Following closely, Optimism ($OP) holds the second spot. The price of Optimism during reporting was $2.47, with a 24-hour trading volume of $209,655,574. Although it has seen a 0.92% decline in the past 24 hours, the ongoing development activity signals optimism about its future growth.

Cardano ($ADA) ranks third. Known for its rigorous academic approach to blockchain development, Cardano’s team remains highly active. As per the latest data fetched, the price of ADA was $0.447103, with a 24-hour trading volume of $271,216,864. Despite a 0.57% dip, Cardano’s steady development pace bodes well for its long-term prospects.

Chainlink ($LINK) secures the fourth position, showing an upward trend in development activities. The price of Chainlink during writing was $18.33, with a 24-hour trading volume of $445,733,015. Chainlink has risen by 2.10% in the last 24 hours, reflecting positive market sentiment.

Starknet ($STRK) is fifth, with a price of $1.17 and a 24-hour trading volume of $87,469,126 at reporting. Despite a 1.68% decrease in the last 24 hours, Starknet’s development activity remains high, indicating strong technical progress.

Status ($SNT) follows, positioned sixth in terms of development frequency. Its price at the time of writing was $0.035570, with a 24-hour trading volume of $2,163,529. Status has declined by 1.30% in the last 24 hours, yet the consistent development efforts suggest a focus on enhancing its platform.

Internet Computer ($ICP) is in seventh place, with a price of $11.96 and a 24-hour trading volume of $68,954,397 during reporting. Although it has seen a slight decrease of 0.14%, the development activities highlight the project’s continuous improvement.

Cosmos ($ATOM) ranks eighth and is priced at $8.30 with a 24-hour trading volume of $95,659,184 while writing. Despite a 2.45% drop, the active development community indicates a strong focus on expanding the Cosmos ecosystem.

Polkadot ($DOT) and its cousin network Kusama ($KSM) tie for the ninth spot. As per the latest data fetched, Polkadot’s price was $7.00, with a 24-hour trading volume of $169,297,210. Kusama was priced at $30.20, with a 24-hour trading volume of $10,768,101, at the time of writing. Both have experienced slight declines of 0.15% and 2.17%, respectively. Yet their development activities remain robust, underscoring their technical evolution.

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