Lido DAO token beats top blockchain in development activity by CoinEdition

The Lido DAO token is ahead of the best blockchains in development activity
  • The Lido DAO token has gained more development activity than DOT Networks and AVAX.
  • Last week, blockchain led more than 530 development activities.
  • Lido DAO’s trading volume has increased by more than 53% in the past 24 hours.

The Lido DAO token has surpassed popular blockchains, such as (DOT), and preproduction network, Kusama (KSM), to become the most active crypto network in terms of daily GitHub development activity.

According to the top ten list by Twitter tracking account today, the Lido DAO token network has seen more development activity than Polkadot and (AVAX) networks in the past 24 hours. Other, less well-known networks, such as Cosmos, Internet Computer, and Internet Computer, also appeared in the ranking.

The Cardano blockchain took the lead in the hierarchy of most crypto projects last week, with more than 530 development activities. Notably, development activity is a metric that measures ongoing actions in a project’s public GitHub repositories, excluding repository-specific work.

In another ranking of the top ten DeFi projects with the most activity in the past month by on-chain analytics firm Santiment, the Lido DAO token also grabbed the top spot.

According to the official documentation, Lido is a liquid storage solution in order to allow users to engage in ETH with no minimum deposits or infrastructure maintenance while engaging in on-chain activities.

Moreover, the Lido DAO coin has a market share of over $2 billion, and ranks as the 30th most significant market cap coin, according to data from market tracking website, CoinMarketCap. The coin is trading at $2.47, with a growth of over 17% in the last 24 hours. Its trading volume also increased by more than 53% compared to the previous day.

The publication Lido DAO Token which beats the top blockchains in development activity appeared first in coin issuance.

See the original on CoinEdition

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