Uniswap (UNI) Dominating Solana (SOL), Cardano (ADA) and Additional Altcoins in One Important Metric: Santiment

  • March 18, 2022


Crypto analytics firm Santiment says that the decentralized crypto exchange Uniswap (UNI) is ahead of leading Ethereum (ETH) competitors in terms of development activities.

According to a recent Santiment tweet, Uniswap is the fastest developed asset in the past 30 days with 1,070 daily Github submissions from developers.

Source: Santiment/Twitter

Uniswap is followed by Solana (SOL) with 418.8 submissions per day. SOL is currently trading for $85.96 from a peak of over $259 in November, but Santiment says that the high-performance blockchain is seeing a spike in developer activities.

“SOL is -66% from its all-time high established back on November 6th. However, there has been a sharp development activity rise from the #Solana devs, indicating a push to improve. Additionally, keep an eye on volume spikes acting as price reversals.”

Source: Santiment/Twitter

Cardano (ADA) sits third in the developer activity leaderboard with 386.93 Github submissions per day over the past month. Polkadot (DOT) and Kusama (KSM) follow, each with 381.7 daily submissions.

Leading smart contract platform Ethereum is sixth on the leaderboard with 296.73 daily submissions.

Solana is also second on web service ranking Cryptomiso’s list of popular crypto assets based on Github commits. The other coins in Santiment’s top 10 list of highest developer activity with the highest commits on the code repository platform are Polkadot at number 23, Ethereum at 46, and Chainlink (LINK) at number 10.

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Featured Image: Shuttertstock/INelson/Vladimir Sazonov

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