Polkadot outshines other networks in the last month with the highest…

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  • In the last 30 days, Polka­dot saw the high­est num­ber of devel­op­ment activity.
  • User activ­i­ty on the chain climbed dur­ing the period. 

Polka­dot [DOT] has emerged as a lead­ing blockchain in terms of devel­op­ment activ­i­ty, accord­ing to San­ti­ment. The net­work record­ed the high­est num­ber of GitHub com­mits in the last month, show­ing a high lev­el of devel­op­ment activ­i­ty and engage­ment from its pro­to­cols deployed on the inter­op­er­a­ble blockchain. 

 


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Per data from the on-chain data provider, Polkadot’s devel­op­ment activ­i­ty in the last 30 days totaled 441.5.

In assess­ing a network’s per­for­mance, devel­op­ment activ­i­ty is an impor­tant met­ric. This is because it pro­vides insight into the lev­el of engage­ment and com­mit­ment of a project’s com­mu­ni­ty and devel­op­ment team. 

A high lev­el of devel­op­ment activ­i­ty, as indi­cat­ed by the large num­ber of GitHub com­mits, sug­gests that the project is active and con­tin­u­ous­ly being worked on, which can prove its poten­tial for growth and suc­cess in the long term. Addi­tion­al­ly, it can mark how well devel­op­ers are adopt­ing the blockchain and how quick­ly new fea­tures and improve­ments are being added.

The ral­ly in Polkadot’s devel­op­ment activ­i­ty in the last month is attrib­ut­able to the increased upgrades and activ­i­ty on the network’s parachains. For exam­ple, Mantra Net­work, a pri­va­cy-pre­serv­ing DeFi stack built on Polka­dot, announced the launch of its Man­ta­Pay test­net v3 on 29 Decem­ber 2022. 

Also, Bifrost Finance, a Parachain on Polka­dot and Kusama, announced the launch of its new cross-chain func­tion, allow­ing users to switch eas­i­ly between its native token BNC and Astar Network’s ANC. 

 

Polkadot in the last 30 days

Per data from Sub­scan, user activ­i­ty on the chain has ral­lied in the last month. The count of new address­es cre­at­ed on Polka­dot dai­ly has jumped by 15%. Like­wise, the num­ber of dai­ly active accounts on the blockchain has increased by 47% dur­ing the same period.

Source: Sub­scan


Read Polkadot’s [DOT] Price Pre­dic­tion 2023–24


Fur­ther, dai­ly active devel­op­er count on the net­work went up by 15%. Dai­ly code com­mits on the net­work went from 10 com­mits on 25 Decem­ber to 1,200 code com­mits on 23 Jan­u­ary. This rep­re­sent­ed over a 10,000% incre­ment in dai­ly code com­mits on Polka­dot in the past 30 days. 

Source: Token Terminal

Last­ly, dai­ly rev­enue record­ed on the net­work has also grown sig­nif­i­cant­ly dur­ing the last month. Accord­ing to Token Ter­mi­nal, it increased by 2500%.

Source: Token Terminal



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