The leading cryptocurrency, Bitcoin (BTC), has had a fantastic start to the week, briefly exceeding $28,000. Having risen 4% in just 7 days, BTC indeed ascended from the $26,000 band to the $28,000 band within a single day. While BTC is currently attempting to maintain support at $28,000, much more substantial increases have been observed in some altcoins. One efficient way to identify these quietly but deeply progressing altcoins might be to monitor developer activity on GitHub.
10 Altcoins in the Spotlight with Improvements
When examining data shared by ProofGitHub, it’s evident that ten altcoins are enjoying serious development focus. The ten altcoins with the most development activity in a short period prove they have substantial teams and plans. The weekly development activity data from GitHub seems to place Polkadot (DOT) and Kusama (KSM) at the top.
DOT and KSM have seized leadership with 610 development activities within a week. Polkadot, which has launched an inter-network collaborative ecosystem, has entered among the most recognized projects in the crypto sector with its side network, Kusama. Even though DOT recently made a true entry into the sector, it could be argued that it may reach impactful levels again in the upcoming bull period.
Following in second place is another Ethereum (ETH) competitor, Cardano (ADA). Cardano’s developer team, which has taken significant steps recently, continues to work tirelessly. It seems the ADA price has temporarily been influenced by this activity.
SNT, MANA and VEGA Surprise
In third place is Hedera (HBAR), with 419 weekly development activities, following Cardano, which has 512 developer activities. Cosmos (ATOM) with 341 activities follows Hedera, and Chainlink (LINK) with 321 activities follows Cosmos, while Internet Computer (ICP) comes next with 315 activities. Crypto-currency Status (SNT), which ranks 279th in terms of total market value, has seized the 7th spot with 281 activities, definitely attracting attention. Vega Protocol (VEGA) stands in 8th place with 267 activities, Decentraland (MANA) is in 9th place with 265 activities, and IOTA finally takes the 10th spot with 260 activities. Particularly, crypto-currencies which have been at the forefront of developer activity during the bear period, have often made big announcements during the previous bull period, and a similar situation could potentially excite investors.
