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Home»Blockchain»Layer-1 Project Multiversx continues to exceed the crypto gaming sector in terms of development activity: santiment
Blockchain

Layer-1 Project Multiversx continues to exceed the crypto gaming sector in terms of development activity: santiment

2025-03-17No Comments2 Mins Read
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The Layer-1 Blockchain Multiversx (EGld) continues to lead the digital sector for assets gaming in the field of development activity, according to the crypto-analysis company Santiment.

Santiment notes about the social media platform X that Multiversx, formerly known as Elrond, has registered 212.17 remarkable Github events in the last 30 days.

The Ethereum (ETH)-based Virtual Reality platform Decentraland (Mana) is in second place, clocking 168.93 events, and the Ethereum Layer-2 Protocol Skale Network (SKL) is a distant third with 41.07.

According to Santiment, MultiversX and Decentraland also have the number one and two places in the previous months.

Image

Source: Santiment/X

Santiment notes that it does not count routine updates and uses a “better methodology” to collect data for Github events based on a “Tested Process”.

The analysis company has previously said that heavy development activity aimed at a crypto project is a positive indication that could mean that the developers believe that the protocol will be successful. It also indicates that the project is less likely to be an exit scam.

MultiversX is a distributed, proof-of-stake blockchain network that has been decentralized via more than 3,500 nodes. The project is intended to help developers build next generation of applications.

Native token of the project, EGld, acts at $ 18.10 at the time of writing. The 139th ranking of crypto assets per market hood has risen by more than 3% in the last 24 hours.

Generated image: midjourney

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See also  Fidelity International tokenizes the money market fund on JPMorgan's Blockchain
activity continues Crypto Development exceed gaming Layer1 MultiversX Project Santiment Sector Terms
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