Decentraland Surpasses Other NFT Projects in Development Activity

The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) continues to clock more development activity than any other non-fungible token (NFT) project, according to the crypto analytics firm Santiment.

Santiment notes on the social media platform X that Decentraland registered 116.27 notable GitHub events in the past 30 days.

Decentraland also led the rankings in November, October, and September.

Flow (FLOW), a layer-1 permissionless blockchain, ranked second with 103.87 events, while the NFT layer-2 scaling solution Immutable X (IMX) ranked a distant third with 31.43.

Source: Santiment

Santiment explains that it does not count routine updates and uses a “better methodology” to collect data for GitHub events based on a “backtested process.”

The analytics firm has previously stated that heavy development activity around a crypto project suggests that developers have confidence in the protocol, minimizing the chances of exit scams.

Current Trading Prices

• MANA: $0.499, up nearly 2% in the last 24 hours.
• FLOW: $0.728, up nearly 3% in the last day.
• IMX: $1.40, up nearly 5% in the last 24 hours.

Generated Image: Midjourney