Cryptocurrency News

Ethereum, Cardano & Polygon – Leading Projects For 2022.

Polygon, Cardano, Kusama, Polkadot, and Ethereum (ETH) are among the leading 20 projects in terms of aggregated development activity for 2021. The NFT-focused Flow project is ranked ninth. Kusama is a development environment that consists of a scalable network of distinct blockchains, the majority of which are built on Polkadot technology. It is utilized to evaluate apps before they are deployed to Polkadot. The amount of active collaborators to a project’s GitHub repo provides information on the project’s developer network’s scope.

Santiment produced a study documenting developer activity for various tokens, which may be an important sign of how profitable a program would be in the big scheme of things. GitHub is a platform that gives information on developer activity. GitHub is the preferred software repository platform for projects such as Solana, Polkadot, Ethereum, and IOTA. It is a centralized variant control system where project code is exposed to the public and developers may suggest and publish enhancements and upgrades to established projects.

Having 53 daily donors, Cardano tops this statistic for 2021. The Trust Wallet token, with 28 developers, and Filecoin, with 22 developers, are two more prominent projects with a large range of regular active developers.

Participation in Solana’s Hackathon activities demonstrates developer enthusiasm in the Solana coin. The initial hackathon in October 2020 had 1000 registrants. The number of participants grew to 3000 for the Solana X Serum DeFi Hackathon in February 2021 and 13000 for the Solana Season Hackathon in May 2021.

Commits on GitHub have grown

A commit is a method of introducing a modification to a project on GitHub. The percentage of commits submitted to a project on GitHub is reported by Cryptomiso. There were 8193 changes to the Trust Wallet Token project in the past 12 months, including 4552 commits to the Solana token. Gromakovsky, with 2200 contributions between September 2016 and January 2022, is Cardano’s top active contributor, trailed by volhovm, with 837 commits.

Evolution of the DeFi protocol

In terms of DeFi protocols, it seems that sidechains, bridges, and layer two solutions have fueled progress. Defichain, PancakeSwap, and Uniswap are among the best 20 projects driving development activity. Ethereum is the most popular platform for DeFi applications, with Ethereum powering the top ten DeFi currencies by market size in 2021.

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