Chainlink Tops Real-World Crypto Assets With the Most Development Again

Chainlink (LINK), the native token of the decentralized oracle blockchain network built on Ethereum, has once again emerged as the top real-world asset with the most development activity in the last 30 days.

according to tweet By Santiment, LINK followed by Synthetix (SNX), Centrifuge (CFG), and Oraichin (ORAI).

Top RWAs with most development

Real world assets are cryptocurrencies that represent physical assets such as properties and objects. Like other crypto assets, it runs on smart contracts and blockchains and has recently gained popularity, with a market capitalization reaching billions of dollars.

Santiment identifies real assets with high developer activity by pulling their projects' GitHub data from repositories through a pre-tested process to ensure that only teams' innovation and improvement efforts are included. The on-chain analytics company compiles a list of the 10 most advanced projects by counting non-redundant GitHub activity and averaging their daily data over the past 30 days.

Through the methodology, Santiment found that LINK was the most developed real-world asset in the cryptocurrency sector. The cryptocurrency also topped the list for April, generating 2.49 times more daily activity than Synthetix, which came in second place at the time. In May, Chainlink recorded upgraded activity of 428.83, nearly 45 points higher than April's activity of 383.03.

Link to see higher elevation

It is worth noting that SNX and CFG maintained second and third positions on the list after LINK, with GitHub activities rising significantly, indicating increased interest in the projects. Oraichain overtook Dusk and took fourth place, while the latter fell to fifth place.

MakerDAO and Polymesh also emerged as notable risers, moving up two positions, Santiment noted. On the other hand, IX Swap fell to eighth place as MakerDAO overtook it. Projects like Defactor appeared on the list while Creditcoin left.

Chainlink's continued development activity coincides with LINK's 25% rise in the past month and analysts' belief that the digital asset could continue to rise in the coming months. These expectations have been borne out by the rise in LINK whale activity, daily transaction volume, and major partnerships with traditional finance heavyweights.