Polkadot Becomes The Most Active Crypto Project In Development

Polkadot crypto project. (Photo; Doc. CointTURk)

JAKARTA - The crypto industry has recovered from the downturn caused by the collapse of the FTX crypto exchange. However, some blockchain networks are making significant progress.

The latest data from crypto analytics company Santiment shows that Polkadot (DOT) and Kusama (KSM) are at the top in terms of number of GitHub commits in the last 30 days with a score of 441.5 respectively. Cardano (ADA), Decentraland (MANA), and Status (SNT) followed behind with scores of 337,309.83 and 308.83, respectively.

Ethereum (ETH) which used to be the blockchain with the most active developers in 2022, is currently in ninth place with a development activity score of 219.83 behind networks like Cosmos (ATOM), Filecoin (FIL), and Internet Computer (ICP) each of which obtained a score of 258.33, 252.67, and 220.47.

The crypto industry has had a long winter in recent months, but the activity of Web3 developers is still increasing. The latest report from Electric Capital states that the number of monthly active Web3 developers has increased by 5.4 percent to more than 23,300 in the last year.

More precisely, the number of "full-time" developers, defined as those who contribute to 76 percent of GitHub commits, jumped by more than 8 percent.

Developer activity took a big dip in May 2022, when the Terra ecosystem crashed. The following three months saw a 26 percent decline in the number of weekly active Web3 developers.

However, the number of new Web3 developers registered has increased by almost 26 percent over the previous year, namely 61,127 developers. This shows that developer activity in the crypto industry is still increasing even though the market is experiencing difficult conditions.

Overall, 61,127 new Web3 developers were recorded as having entered the industry in 2022, an increase of nearly 26 percent over the previous year, reported CryptoPotato.