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Revealed: Top 5 cryptocurrencies by daily GitHub development activity

Top 5 cryptos by daily development activity on GitHub

The cryptocurrency industry is still picking itself up following the devastation created by the collapse of FTX; nonetheless, development teams among the major blockchain networks are continuing to build and expand across their ecosystems.

As of December 8, 2022, Cardano (ADA) leads the GitHub development activity with a total number of 738, according to data from ProofofGitHub. Ranked second by development activity was Cosmos (ATOM) with 664. 

Elsewhere, Polkadot (DOT), Optimism (OP), and Internet Computer (ICP) also rank among the top 5 with 556, 502, and 378 daily developments on GitHub.

GitHub daily development activity. Source: CardanoDaily

Notably, with Ethereum ranked seventh among the projects with the most development activity, the network is sliding down the rankings of once it once led, based on publicly available GitHub repositories, with free access to complete historical and real-time data regarding the project.

Cardano continues to be a leader in the development

Interestingly, Cardano recorded the highest development activity in November, according to the analysis carried out by the on-chain market intelligence platform Santiment.

Specifically, the development activity rates of the Cardano team in its public GitHub repositories in November were 18% higher than the next highest-ranked asset, Polkadot, recording 572.67 generated events compared to Polkadot’s 486.13 events. 

Cardano’s looks to have begun in December, where it left off in November regarding development activity. The Cardano network has been the leading developer each day in December except for December 4, when 0chain led the daily development activity

In fact, Cardano is recording a steady increase in smart contracts as well, growing the total number of smart contracts based on the Plutus platform by over 300% in 2022, counting 4,000 scripts.

Meanwhile, Cardano founder Charles Hoskinson has also revealed that  ‘confidential smart contracts’ are coming soon to Cardano on its new privacy-focused blockchain, Midnight.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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