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Top 10 cryptocurrencies by GitHub development activity last 30 days

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With the crypto currency market experiencing a gain in value for many of its assets in the previous 30 days, their blockchain development teams are as busy as ever, with some recording notably more activity than others. Monitoring developer activity on GitHub can provide valuable insights into a particular project. Developers’ time and skills are precious resources. When many invest their efforts in a project, it signifies their confidence in its success, active feature development , and, most importantly, its legitimacy. In this manner, Santiment , a blockchain and crypto behavior analysis platform, shared a list of its top 10 asset performers by development activity on GitHub, a coding and collaboration service and web interface for programmers, in an X post on November 7. Consistent leaders Most notably, Cardano (ADA) led the way with 502.57 developer activities in the past month, jointly followed by Polkadot (DOT) and its canary network Kusama (KSM), which both had 484...

Cardano on-chain activity signals bullish ADA price action

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Although the majority of assets in the cryptocurrency market have started to consolidate their gains, Cardano (ADA) has continued to trade in the green, and its on-chain activity suggests that more increases could await the eighth-largest cryptocurrency by market capitalization. Specifically, Cardano has witnessed strong ADA address activity that has risen by 23% in the last three weeks, while whale transactions increased 32% during the same period, according to the data shared by the crypto and blockchain analytics platform Santiment on November 2. Cardano active addresses and whale transactions. Source: Santiment At the same time, the Santiment team noted that this strong uptick in the on -chain activity of Cardano had hinted at the bullish action seen on November 2, when ADA’s market cap soared 9% in the previous 24 hours, and as much as 36% in the two weeks leading up to Thursday. Cardano price analysis Meanwhile, this crypto asset was at press time changing hands at the...

Market Intelligence Firm Points to August Inactivity Trend Impacting Bitcoin and Ethereum

Bitcoin and Ethereum fees dropped in a slow week as their prices remained relatively stable compared to the previous week. In a recent tweet, the market intelligence platform and advanced DeFi tools provider, IntoTheBlock, torchlights the lackluster activities of the bigwigs in the crypto market. The firm revealed that Bitcoin (BTC) and Ethereum (ETH) have seen a relatively sluggish week so far. It attributed the apparent dormancy in trading to August’s historical inactivity trend across trading landscapes. IntoTheBlock argued that the August trend’s impact was becoming noticeable in both networks’ fee structures. Both # Bitcoin and # Ethereum had a relatively slow week. August tends to be the most inactive period of the year for trading, and this could have impacted the drop in fees for both networks pic.twitter.com/BvFlHx1fiO — IntoTheBlock (@intotheblock) August 4, 2023   BTC and ETH Fees Decline IntoTheBlock attached an image to the t...