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April’s Leading Layer 2 Networks: Unveiling High Development Activity in Ethereum (ETH) and Bitcoin (BTC)

14d ago
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  • 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!

14d ago
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