Polkadot is a blockchain network that allows for the creation of multiple parallel chains to enable a multi-chain application environment. Recent weeks have seen impressive development activity on the Polkadot network, with numerous new initiatives and partnerships announced.
The price of $DOT has been impacted by the macroeconomic environment and the volatility of the cryptocurrency market, despite the positive developments. In the past week, $DOT has dropped by 7% compared to its value a week ago.
Santiment report on DOT
Santiment, a digital asset market intelligence platform, revealed that Polkadot has had the highest development activity among cryptocurrency networks in the last 30 days. This was determined by analyzing the number of Github commits made to the network during this time period.GitHub is an online platform where developers collaborate on software projects. Its activity is often used as an indicator of development progress.
Polkadot had the highest number of Github commits during the last 30 days, indicating a high level of development activity on the network, according to Santiment’s analysis. Polkadot was followed by Kusama and Cardano, which ranked second and third respectively.
This is a positive development for Polkadot, showing high levels of activity and progress. The network’s ability to attract developers and encourage collaboration is essential for its growth and success in the long run.
