Internet Computer (ICP), which has experienced a 70% drop in value over the past year, continues to top the list of most popular altcoins for developers. Despite its price decline, ICP maintains its dominance in developer activity, reflecting its continued importance in the crypto space.
Chainlink and Other Altcoins Maintain Positions
Chainlink (LINK) remains in second place, holding its position as a key tool in the decentralized finance (DeFi) ecosystem. Other altcoins that continue to see significant developer interest include Starknet (STRK), Optimism (OP), and Cardano (ADA), although some have experienced shifts in rank.
Shift in Rankings: Avalanche and Starknet Rise
The report also notes that Avalanche (AVAX) and Starknet (STRK) have risen in the developer rankings, while previous high performers like Optimism (OP), Polkadot (DOT), and Kusama (KSM) have fallen behind. These changes highlight the dynamic nature of the cryptocurrency development ecosystem and the evolving focus of developers.
Top 10 Altcoins by Developer Activity in the Last 30 Days
Internet Computer (ICP) 809.9
Chainlink (LINK) 557.73
Starknet (STRK) 496.3
Optimism (OP) 408.77
Cardano (ADA) 407
iExec RLC (RLC) 376.73
Ethereum (ETH) 329
Avalanche (AVAX) 298.03
Polkadot (DOT) 284.73
Kusama (KSM) 284.73
This shift in developer focus underscores the importance of tracking developer activity as an indicator of future potential and adoption in the cryptocurrency market.