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Top 3 Cryptos: Polkadot, Kusama, & Cardano Lead in Development Activity

• Polkadot (DOT), Kusama (KSM), and Cardano (ADA) make up the top three in the development activity list.
• Development activity is measured using the work being done by any project’s developers on its public GitHub repositories.
• Santiment’s metric makes use of events for measuring the activity instead of just the total number of commits.

According to data from the on-chain analytics firm Santiment, the top three cryptocurrencies in terms of development activity during the past month have been Polkadot (DOT), Kusama (KSM), and Cardano (ADA). This data was gathered by measuring the work being done by any project’s developers on its public GitHub repositories.

Developers are gauged in terms of “events”, which refer to actions such as pushing a commit, creating an issue, forking the repository, creating a pull request, and several others. Other versions of this indicator generally use the total number of commits on the GitHub project as a way of measuring the development activity. However, this method may not be entirely accurate as when someone forks a project, all the commits of the original project are also inherited by this fork. This means that the developer who created the fork may not be entirely responsible for the work done by the original team, which can produce a false picture of the activity of the new developer.

To combat this, Santiment’s metric makes use of events for measuring the activity instead. This means that forks are counted as only 1 new event, and thus the developer’s work is accurately measured. This makes Santiment’s metric more reliable and accurate when measuring the development activity of any project.

Overall, the data from Santiment shows that Polkadot was the number 1 cryptocurrency in the market during the past month based on development activity. Kusama and Cardano followed close behind, making up the top 3. This data highlights the importance of taking into account the development activity of a project when considering its potential future value.