Cryptocurrency analytics firm Santiment has released two key reports highlighting significant on-chain and development activity within the altcoin sector over the past 30 days. The first report identifies altcoins with the strongest network growth, measured by the increase in newly created wallets for projects with a market capitalization exceeding $500 million.
The standout performer was Aster (ASTER), which saw an extraordinary network growth of 857.38%. Following closely were Dai on the Polygon network (DAI) with 464.58% growth, Global Dollar (USDG) at 443.9%, and Internet Computer (ICP) with 399.64% growth. Other notable mentions include Chain-key USDC (CKUSDC) at 250% and Tether on Polygon (USDT) at 152.06%. Santiment emphasized that this metric is a crucial indicator of rising user interest and ecosystem activity.
In a separate analysis, Santiment examined developer activity within the DeFi space based on GitHub commits over the last month. ChainLink (LINK) dominated the list with a developer activity score of 267.23, reinforcing its role as a foundational oracle infrastructure. DeepBook Protocol (DEEP) secured second place with a score of 114.9, while DeFiChain (DFI) ranked third with 64.57 points.
The top 10 list for developer activity also included Lido DAO (LDO), FOX Token (FOX), Uniswap (UNI), Injective (INJ), Aave (AAVE), and Curve (CRV) on both Ethereum and Arbitrum. Santiment noted that the top three positions remained unchanged from the previous month, while projects like LDO, FOX, INJ, and AAVE showed improved rankings.
