Chainlink, Avalanche and Stellar Dominate Santiment’s New Development Rankings for Real-World Asset (RWA) Projects

The decentralized oracle network Chainlink (LINK) continues to top crypto’s real-world asset (RWA) sector in terms of recent development activity, per new research from the analytics firm Santiment.

Santiment notes in a new post on the social media platform X that Chainlink registered 351 notable GitHub events in the past 30 days.

The figure far exceeds the second-ranked RWA project, the layer-1 blockchain Avalanche (AVAX), which clocked 183.4 GitHub events in the past month.

The peer-to-peer payments project Stellar (XLM) was third, with 144.57, and Axelar (AXL), a programmable Web3 interoperability platform, was fourth, with 113.77.

Chainlink has occupied the top spot on Santiment’s list all year, often clocking multiple times the number of GitHub events as the second-ranked project.

The analytics firm notes that it doesn’t count routine updates and relies on a “better methodology” to collect data for GitHub events based on a backtested process.

Santiment has previously explained that crypto projects with lots of development could soon be shipping new features and are less likely to be exit scams.

LINK is trading at $15.21 at time of writing. The 17th-ranked crypto asset by market cap is up more than 6% in the past 24 hours and more than 11% in the past seven days.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney