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Virtual Reality Platform Decentraland Outpaces All Other NFT Projects in Terms of Recent Development: Santiment

n70products by n70products
February 8, 2025
in Altcoin
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Virtual Reality Platform Decentraland Outpaces All Other NFT Projects in Terms of Recent Development: Santiment
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The Ethereum (ETH)-based digital actuality platform Decentraland (MANA) continues to surpass all different non-fungible token (NFT) initiatives when it comes to latest improvement exercise, in line with the crypto analytics agency Santiment.

Santiment notes on the social media platform X that Decentraland registered 143 notable GitHub occasions previously 30 days.

Decentraland additionally led the rankings in December, November, October, and September.

Circulation (FLOW), a layer-1 permissionless blockchain, continues to occupy the quantity two spot, with 114.9 notable occasions. Metaplex (MPLX), a decentralized NFT platform constructed on Solana (SOL), moved into third with 42.47 occasions, passing the NFT layer-2 scaling resolution Immutable X (IMX), which clocked 37.73.

Image
Supply: Santiment/X

Santiment notes that it doesn’t depend routine updates and makes use of a “higher methodology” to gather knowledge for GitHub occasions primarily based on a “backtested course of.”

The analytics agency has beforehand said that heavy improvement exercise centered round a crypto venture signifies builders consider within the protocol. Growth exercise additionally means that the venture is much less more likely to be an exit rip-off.

Decentraland’s native asset, MANA, is buying and selling at $0.307 at time of writing. The 136th-ranked crypto asset by market cap is down greater than 31% previously seven days and greater than 37% previously month.

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Tags: DecentralanddevelopmentNFTOutpacesPlatformProjectsRealitySantimentTermsvirtual
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