The layer-1 blockchain has overtaken Ethereum (ETH)-based virtual reality platform Decentraland (MANA) to become the top crypto gaming project in terms of development activity, according to analytics platform Santiment.
Santiment noted that MultiversX (EGLD), formerly known as Elrond, registered 236.93 notable GitHub events, while Decentraland registered 150.4 events.
Non-fungible token (NFT) Layer 2 scaling solution Immutable X (IMX) ranked third on the GitHub event with a score of 77.4, while Ethereum sidechain Skale Network (SKL) ranked fourth with a score of 42.6.
Santiment said it doesn't count routine updates and uses a “better methodology” for collecting data on GitHub events based on a “back-tested process.”
The analytics firm previously said that the robust development activity around the crypto project is a positive sign meaning developers believe the protocol will be successful, and also indicates that the project is unlikely to be an exit scam.
MultiversX is a decentralized proof-of-stake blockchain network decentralized through over 3,000 nodes. The project aims to empower developers to build next-generation applications.
The project's native token, EGLD, is trading at $35.98. The 103rd-ranked crypto asset by market cap is down more than 7.5% in the past 24 hours and over 10% in the past month.
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