Chainlink Emerges as Dominant Force in ERC20 Development Surpassing Ethereum

Chainlink (LINK) has emerged as the leading ERC-20 project in terms of development activity, as reported by crypto analytics platform Santiment.
In the past month,
Chainlink
achieved an impressive 649 notable GitHub events, nearly double that of Ethereum (
ETH
), which recorded 342.2 events.
?‍? Here are crypto’s top ERC-20 coins by development activity. Directional indicators represent each project’s ranking positioning since last month:
➡️1)
@chainlink
$LINK
?
➡️2)
@ethereum
$ETH
?
?3)
@ethstatus
$SNT
?
➡️4)
#susd
$SUSD
?5)
@synthetix_io
$SNX
➡️6)…
pic.twitter.com/FgByOitaeU
— Santiment (@santimentfeed)
October 25, 2024
This marks a continuation of Chainlink’s strong performance, having also ranked first in June, July, and September.
Following Chainlink, Status (SNT) secured the third spot with 270.57 events.
Status aims to provide a secure messaging platform, crypto wallet, and web3 browser using a peer-to-peer protocol and end-to-end encryption.
It’s important to note that Santiment employs a refined methodology to track GitHub activities, excluding routine updates and focusing on significant contributions.
The analytics firm has
indicated
that robust development activity typically signals developer confidence in a project, suggesting a lower risk of potential exit scams.