Price Surge: Hedera Leads in Developer Activity as Chainlink Rises

According to Santiment analysis, Hedera remained crypto’s top coin in terms of GitHub activity. Chainlink developer data from its GitHub repository showed a surge in the number of events in the past 30 days, with the project rising to 2
nd. The ranking is based on a calculation of development activity by “counting any non-redundant activity.” The platform then averaged the data based on daily activity for a 30-day leaderboard.

While Hedera continues to lead by 759 GitHub events, Chainlink (on Ethereum) counted 526 events to rank second. Optimism (OP) ranks third over the past 30 days with 481 events, while Internet Computer (ICP) comes in fourth with 434. Cardano (ADA), Status (SNT), Cosmos (ATOM), ZKsync (ZK), Starknet (STRK), and Aptos (APT) complete the top 10.

The ranking for the top crypto coins by developer activity for June contrasts with the market performance of these projects. Other than the newly launched Starknet and ZKsync that experienced huge volatility after their airdrops, the other coins fell as the broader market tumbled in the past month. HBAR dropped 25% in June, while LINK, OP, ICP, and ADA ended the month with their prices 22%, 28%, 32%, and 10% lower respectively.

Cosmos Hub and Aptos tokens shed 19% and 22% over the 30 days. Despite this, the high count of developer activity suggests robust network development for these projects. The high developer activity also indicates potential product growth and user adoption, according to Santiment.

The announcement indicates there were 12 integrations of six Chainlink services across 8 blockchain networks – including Arbitrum, Avalanche, Base, BNB Chain, Ethereum, and Polygon.

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