According to the latest data from Santiment, a cryptocurrency analytics platform, the decentralized oracle network Chainlink (LINK) has seen a sudden increase in development activity. Santiment noted that Chainlink’s development activity ranking has surged from fourth place in May to second place last month. Meanwhile, the decentralized application protocol Hedera (HBAR) continues to lead in development activity in the cryptocurrency space. Santiment also revealed that Chainlink tops the list of ERC-20 projects in terms of recent development activity. In the past 30 days, Chainlink registered 560.6 notable GitHub events, while the second-ranked Status (SNT) had 385.97 events. The high level of development activity indicates that developers have confidence in the protocol. At the time of writing, Chainlink’s trading price was $14.41, up over 1% in the past 24 hours.
Oracle Network Chainlinks Rapid Ascent A Top Cryptocurrency Project Development List Featuring Santiment
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