The layer-1 blockchain has overtaken Ethereum (ETH)-based virtual reality platform Decentraland (MANA) to become the top crypto gaming project in terms of development activity, according to analytics platform Santiment.
Santiment Note MultiversX (EGLD), formerly known as Elrond, registered 236.93 notable GitHub events, compared to 150.4 for Decentraland.
Non-fungible token (NFT) Layer 2 scaling solution Immutable X (IMX) ranked third on the GitHub event with a score of 77.4, while Ethereum sidechain Skale Network (SKL) ranked fourth with a score of 42.6.
Santiment said it doesn’t count routine updates and uses a “better methodology” for collecting data on GitHub events based on a “back-tested process.”
The analysis company previously Said Active development activity around a crypto project can be a positive sign meaning that the developers believe the protocol will be successful, or it may also indicate that the project is unlikely to be an exit scam.
Multiverse X is a decentralized proof-of-stake blockchain network that is decentralized through over 3,000 nodes. The project aims to empower developers to build next-generation applications.
The project’s native token, EGLD, is trading at $35.98. The 103rd-largest crypto asset by market cap is down more than 7.5% in the past 24 hours and over 10% in the past month.
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