April’s Leading Layer 2 Networks: Unveiling High Development Activity in Ethereum (ETH) and Bitcoin (BTC)
- Despite the recent crypto market downturn, layer-2 networks have seen a surge in developer activity, indicating a strong belief in these projects.
- Data analytics platform Santiment has revealed that the top ten layer-2 networks were selected based on their non-redundant GitHub activity over the past 30 days.
- Ethereum-based scaling protocol Optimism topped the list with the highest developer activity, despite a significant drop in the value of its native token, OP.
In the midst of a turbulent crypto market, layer-2 networks are seeing a surge in developer activity, suggesting a strong belief in these projects. This article explores the top ten layer-2 networks and their recent performance.
Layer-2 Networks Witness Surge in Developer Activity
Despite the recent downturn in the crypto market, layer-2 networks have seen a significant increase in developer activity. This trend was revealed by crypto data analytics platform Santiment, which selected the top ten layer-2 networks based on their non-redundant GitHub activity over the past 30 days. This metric provides a clear indication of the teams’ efforts to improve and innovate their respective projects.
Optimism Tops the List
According to Santiment’s analysis, Ethereum-based scaling protocol Optimism emerged as the top network with the highest developer activity of 541.33 commits, a whopping 146% more than the next project. However, despite this high level of developer activity, Optimism’s native token, OP, saw a signifi... Read the full article for FREE at COINOTAG!
