MultiversX, a layer-1 blockchain, has surpassed Decentraland (MANA) as the top crypto gaming project in terms of development activity, according to Santiment. MultiversX, formerly known as Elrond (EGLD), recorded 236.93 notable GitHub events compared to Decentraland’s 150.4 events. Immutable X (IMX), an NFT layer-2 scaling solution, ranked third with 77.4 GitHub events, while the Ethereum sidechain Skale Network (SKL) came in at fourth with 42.6 events.
Santiment uses a unique methodology to collect data for GitHub events, excluding routine updates. The firm believes that high development activity indicates that developers have confidence in the project’s success and decreases the likelihood of an exit scam. MultiversX is a decentralized, proof-of-stake blockchain network with over 3,000 nodes aimed at assisting developers in building next-generation applications.
The native token of MultiversX, EGLD, is currently trading at $35.98. Despite being ranked 103rd in terms of market cap, the token has seen a dip of over 7.5% in the past 24 hours and more than 10% in the past month. To stay updated on developments in the crypto gaming industry, subscribe to receive email alerts directly to your inbox. Follow the latest updates on X, Facebook, and Telegram for more insights on crypto projects like MultiversX.
In conclusion, MultiversX has emerged as the leading crypto gaming project in terms of development activity, surpassing Decentraland according to Santiment’s analytics. The project’s focus on helping developers build innovative applications on a decentralized blockchain network has raised its profile in the rapidly growing sector. With high levels of GitHub events and a dedicated community, MultiversX shows promise for continued growth and success in the crypto gaming space. Stay informed about the latest updates by subscribing to email alerts and following on social media platforms for more insights on MultiversX and other crypto projects.
