- ICP leads all blockchains in developer activity despite a decline in trading volume
- Most top projects saw daily price gains even as trading volumes dropped
- Starknet posts highest price gain while Ethereum sees largest volume decline
Recent data tracking GitHub-based development activity shows that several major blockchain projects continue pushing forward with code updates, even as trading volumes show signs of decline. The 30-day metrics highlight a growing divergence between development work and market behavior, with most projects recording daily price gains despite reduced trading activity.
Internet Computer (ICP) ranked first in development activity, scoring 840.67, way ahead of its peers. The token traded at $5.35 at the reporting time, reflecting a 3.11% daily price increase. However, ICP’s trading volume fell by 12.2%. The project’s market capitalization stands at $2.85 billion, placing it 74th among cryptocurrencies by overall valuation.
Chainlink (LINK) secured the second position with a development activity score of 483.6. The token’s price rose 4.97% to $16.09, though daily volume declined by 6.61%. LINK maintains a strong presence in the market with a total valuation of $10.57 billion, ranking 30th by market cap.
Filecoin (FIL) came in third, posting a development score 357.5. FIL gained 4.78% on the day to reach a price of $2.93. However, the trading volume saw a decline of 15.84%, continuing the trend of volume contraction across the board.
Starknet and Cardano Remain Active Amid Modest Market Gains
Starknet (STRK) saw the largest daily price gain among the top 10 projects, rising 5.81% to $0.160814. Though STRK holds the lowest price among the group, its strong daily performance and presence in the development rankings underline its ongoing technical momentum.
Cardano (ADA) reported a development activity score of 321.6. Today’s 1.98% increase in the token’s price was one of the group’s lower gains. Even so, Cardano remains one of the top active development projects.
Ethereum (ETH), the second-biggest cryptocurrency by market cap, registered a growth score of 299.03. The asset’s pricing was up 3.11%, reaching $2,557.49. However, the trading volume on the network saw a sharp fall of 33.98%. This marks the biggest reduction in daily volumes for the top-ranked projects.
Stable Development Activity Seen in Mid-Range Projects
According to the report, Sui (SUI) and DeepBook Protocol (DEEP) had a development score 289.97. While detailed information about prices and trading volumes was not available for DEEP, the similar scores indicate that both networks enjoyed continuous support from developers.
At 277.97, Avalanche (AVAX) was among the top 10 with the lowest development score. Even though developers gave it a lower ranking, its price remained high at $23.52 and its market cap was $9.89 billion.
