Will Chainlink’s Development Activity Lead LINK to a New High?
- Chainlink upgrades over the years placed it in the 4th position in terms of development activity.
- LINK hit $6 after mild buying pressure from bulls in the market.
- If the MFI and AO continue to form highs, LINK may reach $6.50 soon.
According to on-chain analytic provider Santiment, Chainlink’s (LINK) development activity has been impressive for the last three years. As a result of the increase, Chainlink became the fourth most valuable project in terms of development activity.
Chainlink Gives Polkadot a Run
By definition, development activity in crypto measures the shared GitHub repository connected to a project. In simpler terms, the metric tracks the dedication shown by developers in ensuring that a project’s network works effectively.
Typically, projects like Cardano (ADA) and Polkadot (DOT) top this metric, and the status has not changed.
— Santi…
#Chainlink has been rising in development activity rate, and is up to the #4 spot in #crypto by this measurement. Our latest insight shows the 3-year trends of development activity from the top 10 projects, including $DOT, $ADA, $FIL, $ATOM, & $ICP. https://t.co/lvFJo9sH6p pic.twitter.com/sgbX9XCF7G
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Will Chainlink’s Development Activity Lead LINK to a New High?
- Chainlink upgrades over the years placed it in the 4th position in terms of development activity.
- LINK hit $6 after mild buying pressure from bulls in the market.
- If the MFI and AO continue to form highs, LINK may reach $6.50 soon.
According to on-chain analytic provider Santiment, Chainlink’s (LINK) development activity has been impressive for the last three years. As a result of the increase, Chainlink became the fourth most valuable project in terms of development activity.
Chainlink Gives Polkadot a Run
By definition, development activity in crypto measures the shared GitHub repository connected to a project. In simpler terms, the metric tracks the dedication shown by developers in ensuring that a project’s network works effectively.
Typically, projects like Cardano (ADA) and Polkadot (DOT) top this metric, and the status has not changed.
— Santi…
The post Will Chainlink’s Development Activity Lead LINK to a New High? appeared first on Coin Edition.
Read More