The Top 10 Digital Assets in Terms of Notable Development Activity
- WBOYOriginal
- 2024-08-12 00:12:31404browse
The cryptocurrency market intelligence platform recently revealed the top 10 digital assets in terms of notable development activity for the last 30 days.
Santiment recently unveiled the top 10 digital assets, revealing the highest development activity over the last 30 days.
Leading the pack is Internet Computer (ICP), boasting an overall score of 570.1. The token ranks as the second-largest in the AI realm, with a market cap of nearly $3.5 billion. Its price experienced a bull run in March, surging to almost $20 before retracing to its current level of around $7.50 (according to CoinGecko).
Following closely behind in second and third place are Hedera (HBAR) and Cardano (ADA), respectively, as highlighted by Santiment’s ranking.
While entering the top 3 club is certainly an achievement for ADA, it's worth noting the token's substantial decline during the market crash observed at the week's beginning.
At one point, the asset's price plummeted to a nine-month low of $0.28, while its market cap nearly breached the $10 billion mark.
As might be expected, this negative trend had a significant impact on ADA investors. As reported by CryptoPotato, the portion of holders sitting on paper losses dropped to less than 1% on August 5. However, the current situation appears more optimistic, with approximately 15% of those exposed in the green.
Other prominent cryptocurrencies included in the top 10 list are Ethereum (ETH), Chainlink (LINK), Polkadot (DOT), Cosmos (ATOM), and more.
The second-largest digital asset in terms of market cap has been a subject of interest due to the multiple spot ETH ETFs, which commenced trading in the US market at the end of July.
Among the companies that launched such products are financial giants like BlackRock, Fidelity, Franklin Templeton, Invesco, and others.
Previously, some of the cryptocurrencies mentioned above were also featured in another Santiment ranking, highlighting the top 10 coins by development frequency on a 30-day scale.
The results, unveiled at the beginning of last month, showed that the first places were occupied by Hedera (HBAR), Chainlink (LINK), and Optimism (OP), with scores of 759, 526, and 481, respectively.
Cardano (ADA) ranked fifth, while Cosmos (ATOM), Starknet (STRK), and Aptos (APT) were among the rest down the line. Notably, Ethereum (ETH) was absent from the list at the time.
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