Cryptocurrency analytics firm Santiment has released a report highlighting a significant surge in developer activity within the privacy coin sector over the last 30 days. The data, which filters out superficial GitHub commits to focus on meaningful engineering work, reveals a technical shake-up with Dash (DASH) taking the top spot.
According to Santiment's ranking, Dash recorded a development activity score of 49.6, placing it ahead of historic competitors. This surge suggests a renewed focus on protocol maintenance and upgrades, which is often viewed as a bullish signal for a project's long-term viability. Following closely are emerging infrastructure projects NYM (NYM) and HOPR (HOPR), with scores of 36.7 and 30.97 respectively, indicating that developer interest is migrating toward new privacy solutions.
Established names like Zcash (ZEC) and Decred (DCR) continue to show steady development, ranking fourth and fifth. Notably, Monero (XMR), often considered the gold standard of privacy coins, appears lower on the list with a score of 3.13. Experts suggest this reflects the technical maturity of its current protocol, leading to more deliberate and slower code changes rather than a lack of interest.
The full top 10 list, based on Santiment's data, is: Dash (DASH), NYM (NYM), HOPR (HOPR), Zcash (ZEC), Decred (DCR), Dusk (DUSK), Monero (XMR), Verge (XVG), ANyONE Protocol (ANYONE), and Beldex (BDX). The report emphasizes that this intense building activity, occurring amidst market instability, is a key health indicator for the privacy niche and often precedes increased adoption or significant market movements.
