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Ethereum-Based Virtual Reality Platform Decentraland Tops Santiment’s Rankings of NFT Projects by Development

October 13, 2024
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The Ethereum (ETH)-based digital actuality platform Decentraland (MANA) clocked extra notable improvement exercise than every other non-fungible token (NFT) venture previously month, in response to the crypto analytics agency Santiment.

Santiment notes on the social media platform X that Decentraland registered 168.17 notable GitHub occasions previously 30 days.

Move (FLOW), a layer-1 permissionless blockchain, ranked second with 119.57 occasions, and Metaplex (MPLX), a decentralized NFT platform constructed on Solana (SOL), positioned in a distant third with 19.13.

Santiment notes that it doesn’t depend routine updates and makes use of a “higher methodology” to gather knowledge for GitHub occasions based mostly on a “backtested course of.”

The analytics agency has beforehand stated that heavy improvement exercise centered round a crypto venture signifies builders imagine within the protocol. Improvement exercise additionally means that the venture is much less more likely to be an exit rip-off.

MANA is buying and selling at $0.294 at time of writing. The One hundred and thirty fifth-ranked crypto asset by market cap is up practically 7% previously 24 hours.

FLOW is presently buying and selling at $0.539. The 94th-ranked crypto asset by market cap is up greater than 5% previously day.

MPX, the A hundred and seventy fifth-ranked crypto asset, is buying and selling at $0.416 at time of writing and is down practically 0.5% previously 24 hours.

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