Polkadot and Cardano have taken the top spots in GitHub commit rankings, according to data from Santiment, a leading blockchain analytics firm.
The platform recently published its insights regarding the top 20 fastest-developed crypto assets, revealing that Polkadot and Kusama ranked first while Cardano came in third place.
These rankings indicate a high level of development activity, which can serve as a valuable indicator for investors assessing the potential growth and innovation of crypto projects.
The rankings reflect the number of meaningful improvements or innovations made to a project, rather than simply tracking raw GitHub activity. This approach helps to filter out the noise and provide a more accurate representation of the actual progress being made by a project's development team.
The report also highlighted that 17 of the top 20 leading assets in development activity are among the top 100 cryptocurrencies by market cap. This suggests a strong correlation between dedicated development teams and long-term price gains.
It is crucial to remember that development activity is only one of many factors to consider when evaluating a crypto project's potential. However, high development activity can serve as a source of confidence for investors, as it may reduce the likelihood of an asset's value plummeting.