Santiment: Everyone Is Excited For These 10 Web3 Coins!

Crypto analytics and intelligence platform Santiment shared a list of the 10 Web3 coin projects with the most development activity last month. Polkadot (DOT) leads the list in development activities for the past 30 days. Meanwhile, almost all of the altcoin projects on the list are seeing losses on a daily basis with the effect of the market in the red.

Top 10 Web3 coins with the most development activity!

As you follow on Kriptokoin.com, although the crypto market started 2023 with a strong move, it seems to have taken a break in February. However, the projects continue their development and upgrades at full speed. Blockchain analytics and intelligence firm Santiment shared a list this morning showing a list of the top 10 Web3 coin projects with the most development activity in the past 30 days. Santiment included 10 Web3 coin projects that showed the most notable Github performance last month.

Web3 coin projects with the most development activity in the past month / Source: Santiment

Polkadot (DOT), one of the Ethereum killers leading the list. Second and third on the list are Kusama (KSM) and Cardano (ADA). The list includes Internet Computer (ICP) as well as its popular metaverse coin, Decentraland (MANA). Number 6 on the list is the leading altcoin Ethereum (ETH) in terms of market cap. Cosmos (Atom), Status (SNT) and Vega Protocol (VEGA) occupy 7.8 and 9 spots respectively. Finally, at number 10 on the list is Filecoin (FIL), which has been bull-running with its development event lately with the rush of Chinese coins.

Market performance of altcoins

According to data shared by Santiment, almost all of the projects on the list experienced 24-hour price drops. However, Vega was an exception, posting a 2.15% price increase in the last 24 hours. ICP saw the biggest price drop in the last 24 hours with a 6.25% decrease. MANA experienced the second largest price drop in the last 24 hours with a price drop of 5.18%, while the price of FIL recorded the largest 24-hour loss at 4.80%.

In terms of 24-hour trading volume, SNT led the way with daily trading volume of 33.78% at the time Santiment released the data. Most of this volume was made up of purchase volume. Meanwhile, MANA and ICP saw the second and third largest daily trading volumes, respectively. However, both of the daily trading volumes consisted mainly of sales volume.