Ethereum (ETH)-based virtual reality platform Decentraland (MANA) has seen more notable development activity than any other non-fungible token (NFT) project over the past month, according to crypto analytics firm Santiment .
Santiment notes on social media platform
Flow (FLOW), a layer 1 permissionless blockchain, ranked second with 119.57 events, and Metaplex (MPLX), a decentralized NFT platform built on Solana (SOL), ranked a distant third with 19.13 .
Santiment notes that it doesn’t count routine updates and uses a “better methodology” to collect data for GitHub events based on a “backtested process.”
The analytics firm previously said that strong development activity centered around a crypto project indicates that developers believe in the protocol. Development activity also suggests that the project is less likely to be an exit scam.
MANA is trading at $0.294 at the time of writing. The crypto asset ranked 135th by market capitalization is up almost 7% in the past 24 hours.
FLOW is currently trading at $0.539. The crypto asset ranked 94th by market capitalization is up more than 5% over the past day.
MPX, the 175th largest crypto asset, is trading at $0.416 at the time of writing and is down almost 0.5% in the last 24 hours.
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