Decentralized oracle network Chainlink 
$11 (LINK) draws attention with the intense development activities it has carried out recently. According to data from analysis platform Santiment, Chainlink has recorded more than 649 significant GitHub events in the last 30 days. This figure is higher than Ethereum, which is in second place. 
$2,472That’s almost double the 342 events held by the company in the same period. This rise of Chainlink in the developer ecosystem reinforces faith in the project in terms of sustainability and trust.
Continued Success Among ERC-20 Projects
The fact that Chainlink was at the top of the development activities among ERC-20 projects in June, July and September shows that the project maintains its strong position in the industry. While ERC-20 projects stand out as a standard that developers use when creating tokens on the Ethereum blockchain, Chainlink stands out as one of the most active projects in this category.
In Santiment’s post on the social media platform X, he stated that they did not count routine updates and collected GitHub events with a better methodology. According to the platform, “Development activities express the developers’ trust in the project and that such projects are unlikely to be scams in the long run.”
Other Projects and Chainlink’s Place in the Industry
According to Santiment’s data, Status (SNT), which offers a Web3-based messaging, wallet and browser service, ranked third with 270.57 events. While these projects, as well as Chainlink, continue to contribute to the ecosystem, developer activities contribute to the growth of the sector.
At the time of writing, Chainlink is trading at $11.11 and ranks 18th in terms of market capitalization. LINK, which has lost more than 6% in value in the last 24 hours, maintains its goal of providing long-term support to its users by ranking first in development activities among ERC-20 projects in the sector.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
