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The Daily Hodl 2025-02-08 21:00:41

Virtual Reality Platform Decentraland Outpaces All Other NFT Projects in Terms of Recent Development: Santiment

The Ethereum ( ETH )-based virtual reality platform Decentraland ( MANA ) continues to surpass all other non-fungible token (NFT) projects in terms of recent development activity, according to the crypto analytics firm Santiment. Santiment notes on the social media platform X that Decentraland registered 143 notable GitHub events in the past 30 days. Decentraland also led the rankings in December , November , October , and September . Flow ( FLOW ), a layer-1 permissionless blockchain, continues to occupy the number two spot, with 114.9 notable events. Metaplex ( MPLX ), a decentralized NFT platform built on Solana ( SOL ), moved into third with 42.47 events, passing the NFT layer-2 scaling solution Immutable X ( IMX ), which clocked 37.73. Source: Santiment/X Santiment notes that it does not count routine updates and utilizes a “better methodology” to collect data for GitHub events based on a “backtested process.” The analytics firm has previously said that heavy development activity centered around a crypto project indicates developers believe in the protocol. Development activity also suggests that the project is less likely to be an exit scam. Decentraland’s native asset, MANA, is trading at $0.307 at time of writing. The 136th-ranked crypto asset by market cap is down more than 31% in the past seven days and more than 37% in the past month. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Virtual Reality Platform Decentraland Outpaces All Other NFT Projects in Terms of Recent Development: Santiment appeared first on The Daily Hodl .

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