Top 5 Most Developed Cryptocurrency Projects This Past Month
In its latest report, cryptocurrency analysis firm Santiment identified the DeFi altcoins that saw the most developer activity over the past month.
According to the data, Synthetix (SNX) led the pack with a developer score of 233.87, narrowly edging out dYdX (DYDX), which scored 224.93 and had topped last month’s list. Osmosis (OSMO) remained in third place with a score of 169.57.
The top 5 altcoins with the highest developer focus in the last 30 days are as follows:
- Synthetix (SNX) – 233.87
- dYdX (DYDX) – 224.93
- Osmosis (OSMO) – 169.57
- Lido DAO Token (LDO) – 134
- Injective (INJ) – 110.1
Other projects with notable developer contributions are Radix, Uniswap, Centrifuge (CFG), Fox Token (FOX) and Sora Validator Token (VAL).
Santiment bases these scores on Github data, tracking changes made by developers in various open-source cryptocurrency projects to gauge developer activity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Samsung Electronics Q3 Revenue and Operating Profit Hit Record Highs, but Net Profit Still Below Expectations
Samsung Electronics reported a net profit of 75.21 trillion KRW for the third quarter, compared to an estimated 89.06 trillion KRW. The operating profit for the third quarter was 107.44 trillion KRW. Third-quarter sales reached 195.25 trillion KRW. Chip sales for the third quarter amounted to 147.1 trillion KRW. Samsung plans to announce its shareholder return plan at the end of January, with plans to distribute a 30 trillion KRW cash dividend for the third quarter.
$17 Billion Acquisition Countdown: DoorDash (DASH.US) Plans to Acquire Instacart to Enter the Home Shopping Battlefield, Official Announcement as Early as Thursday
DoorDash's core intention in acquiring Instacart is to extend the user access and delivery network established through food delivery to the larger-scale household supermarket shopping scenario. The deal originated from Instacart exploring a sale and contacting potential buyers such as Uber and DoorDash. By October 26, multiple media outlets reported both parties had entered deep negotiations, with the potential transaction valued at approximately $17 billion.
Federal Reserve Holds Rates Steady, Oracle (ORCL.US) Surges 11% to Ignite Tech Stock Rally
The Federal Reserve maintained its interest rates at 3.75%~4.00%. Combined with Oracle’s strong growth guidance and SK Hynix’s record profits, the S&P 500 index rose for the third consecutive day, and the Nasdaq closed up 0.27%. Market focus is shifting to earnings reports from major tech companies.
99.3% shareholder vote: MicroStrategy (MSTR.US) preferred stock to start daily dividends
MicroStrategy has passed the bylaws amendment with a 99.3% approval rate, establishing a daily cumulative dividend mechanism for four preferred stocks including STRF. This move, together with a $204.9 million buyback plan, aims to address the risk of removal from the MSCI index and stabilize stock price volatility.
