The crypto market continues to dominate the evaluation of DAO projects and finds its top selections through social activity measurements. According to a PHOENIX report, the Internet Computer ($ICP) project stands at the top of social interactions with 4.9K engagements and 499.9K engaged posts.
The TAO platform maintains 4.8K engagements on its way to reaching 939.7K engaged social posts. The social metrics of Arbitrum ($ARB) include 4.8K engagements that resulted in 281.7K engaged posts. The recorded numbers show extensive user involvement and project-related conversations between users.
Performance of Leading DAO Tokens
The social activity in the ApeCoin ($APE) community stands strong based on its 3.8K engagements and 311.9K engaged posts. Uniswap ($UNI) shows its impact within decentralized finance (DeFi) by achieving 3.0K engagements and 312.6K engaged posts in social media. Rare ($RARE) continues to attract high engagement from its audiences at 2.7K while Sky ($SKY) drives 2.6K interactions. The number of engaged posts on $RARE accounts for 267.9K while SKY reached 136.9K.
The social activities of Aave ($AAVE) and PancakeSwap ($CAKE) demonstrate consistent stability through their recorded numbers of 1.8K and 1.7K engagements. $AAVE functions as an essential DeFi ecosystem participant through its 306.1K engaged posts because $CAKE maintains a similar number of engagements.
Community Activity in the DAO Sector
People ($PEOPLE) maintained 1.7K engagements and produced 112.4K engaged posts. Evidence shows that the project community keeps its discussion about the project ongoing. The research confirms that DAO projects continue to advance within the cryptocurrency marketplace.
A strong social engagement metric helps evaluate community power and investor sentiments toward future adoption. The research demonstrates that governance systems based on community involvement are becoming more prevalent because multiple projects succeed in keeping their communities actively involved.
