Santiment Reveals Top 10 Altcoins by GitHub Developer Activity in 30 Days
Santiment, a crypto analytics firm, has ranked the top 10 altcoins by developer activity on GitHub over the past 30 days. Top of the list is Internet Computer (ICP) with a score of 369.37, followed by ChainLink (LINK) at 293.5 and Starknet (STRK) at 218.37. Other projects include Sui (SUI), DeepBook Protocol (DEEP), Cardano (ADA), Avalanche (AVAX), DeFiChain (DFI), Stellar (XLM) and Ethereum (ETH). Despite robust developer activity and high GitHub commit volumes, all ten altcoins fell in value over the last 24 hours, led by Starknet (-6.23%), DeepBook Protocol (-6.14%) and Avalanche (-5.96%). In market capitalization, Ethereum leads with $554.47 billion, followed by Cardano ($31.01 billion) and ChainLink ($16.59 billion). This GitHub-based developer activity ranking highlights strong project development but a disconnect from short-term price performance.
Neutral
Santiment’s report focuses on developer activity, which is a key indicator of project health and long-term potential. However, the lack of correlation between high developer activity and immediate price performance suggests that traders have yet to price in these development efforts. Historically, strong GitHub activity can precede price appreciation over the long term, but in the short term, market sentiment and macro factors dominate price movements. For now, the data is neutral for trading: it highlights robust project fundamentals without signaling an immediate bullish or bearish trend. Traders should monitor whether continued development leads to renewed investor interest, but in the short term, price momentum remains dictated by broader market conditions.