According to analytics firm Santiment, the layer-1 blockchain MultiversX (EGLD) dominates the crypto gaming sector in terms of development activity.
Santiment notes that MultiversX, formerly known as Elrond, has recorded 228.73 notable GitHub events in the past 30 days.
Ethereum (ETH)-based virtual reality platform Decentraland (MANA) came in second, with 195.03 events.
Wrapped Nine Chronicles Gold (WNCG), the ERC-20 version of NCG, came third with a score of 110.37. NCG is the in-game currency for Nine Chronicles, a completely open source serverless online role-playing game (RPG).
Source: Santiment/X
Santiment notes 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 said that heavy development activity around a crypto project is a positive indicator that could mean developers believe the protocol will be successful. It also indicates that the project is less likely to be an exit scam.
MultiversX is a distributed, proof-of-stake blockchain network that is decentralized through more than 3,000 nodes. The project aims to help developers build next-gen applications.
The project’s native token, EGLD, is trading at $30.48 at the time of writing. The 91st-ranked crypto asset by market capitalization is up nearly 3% in the past 24 hours.
Generated image: Midjourney