The new Ethereum Layer-2 metric rises to the top of Santiment’s rankings of ERC-20 coins based on development activity
Ethereum (ETH)’s relatively new layer 2 metering solution has risen to the top of Santiment’s rankings for ERC-20 coins in terms of recent development activity.
Crypto analytics company Notes Starknet (STRK) has recorded 401.97 notable events on GitHub over the past 30 days.
Starkent It is a decentralized cumulative set of validity, also known as the zero-knowledge set (ZK). Blockchains are solutions that execute transactions outside of Ethereum’s blockchain but record transaction data. The project launched its token last February.
STRK stock is trading at $0.455 at the time of writing. The crypto asset, which ranks 119th by market capitalization, has risen more than 7% in the past 24 hours.
Starknet overtook the most advanced project last month, the decentralized oracle network Chainlink (LINK), which registered 311.57 milestone events on GitHub. Ethereum itself came in third place, with 219.13 events.
The ERC-20 project is a standard used by developers to issue tokens on the Ethereum blockchain.
Santiment notes that it does not account for routine updates and uses a “better methodology” to collect data for GitHub events based on a “pre-tested process.”
The analytics company previously He said The intense development activity centered around the crypto project indicates that developers believe in the protocol. Development activity also indicates that a particular project is unlikely to be an exit scam.
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