• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
Internet Computer

Internet Computer (ICP) Is Now Top 5 In Dev Activity, What Does It Mean?

Keshav Verma
by Keshav Verma
2 years ago
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Data shows Internet Computer (ICP) has recently managed to break into the top 5 of the development activity list. Here’s what this may mean.

Internet Computer Development Activity Has Surged Recently

According to data from the on-chain analytics firm Santiment, Hedera (HBR) has also entered into the top 5 during the same period. The “development activity” is a measure of the total amount of work that the developers of a cryptocurrency project are doing on the public GitHub page of said project.

This indicator keeps track of this work using units of “events,” where an event corresponds to any action made on the GitHub page, like pushing a commit or creating an issue.

The approach of using this method to gauge development activity is unique to Santiment’s metric, and the benefit of it is that it provides a more accurate representation of the actual work that the developers are getting done. If, for example, the indicator would simply use the total number of commits for this purpose, a true picture may not be obtained.

The reason behind that is any commits made on a project carry over to all its forks (clones) as well, meaning that if a developer who wasn’t on the original project forks it, all the work done there will also be counted under this new developer’s name, despite not being responsible for it. In Santiment’s development activity indicator, this is no longer a problem, as the entire action of forking counts as just one event.

Related Reading: Bitcoin Is 75% To Halving, Here’s How Past Cycles Looked Like At This Stage

Now, here is a table that shows the top 10 ranking of cryptocurrencies based on their development activity over the last 30 days:

Internet Computer Development Activity

Looks like Ethereum (ETH) is only at the ninth place on this list | Source: Santiment on Twitter

As you can see above, the top 3 in this list is made up of Polkadot (DOT), Kusama (KSM), and Cardano (ADA). These three assets have been at the top for quite a while now, so it seems like their developers are continuing to put in the hard work.

There have been some changes down the list, however, as Hedera and Internet Computer are new entrants to the top 5, suggesting that their development activity has ramped up during the past month.

The significance of the development activity indicator is that it can provide hints about whether a project is being developed or not. If the developers of a coin are showing high commitment to it (by putting in the work on the GitHub page), it means that there is a lesser chance of the project being a short-term rug pull.

Related Reading: Ethereum Market Shows Signs Of Overheating, Decline Soon?

Obviously, the development activity isn’t the final authority on the topic or anything like that, but nonetheless, it can be one of the factors to take into consideration.

Internet Computer has registered some gains recently (ICP is up more than 18% during the past month), so its development activity ramping up along with the rise can be a positive sign for the long-term potential of this growth.

ICP Price

At the time of writing, Internet Computer is trading around $5.859, down 2% in the last week.

Internet Computer Price Chart

Internet Computer has come down from its recent high | Source: ICPUSD on TradingView
Featured image from iStock.com, charts from TradingView.com, Santiment.net
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Keshav Verma

Keshav Verma

Follow

Keshav is a Physics graduate who has been employed as a writer with Bitcoinist since June 2021. He is passionate about writing and through the years, he has gained experience working in a variety of niches. Keshav holds an active interest in the cryptocurrency market, with on-chain analysis being an area he particularly likes to research and write about.

Full Profile

Related Posts

XRP

SEC Receives Filing For XRP Option ETF From $12-B Amplify

1 day ago
Tether

Tether Loses Its Shine As Market Dominance Slides To 60%

1 day ago
Ethereum

Fundstrat’s Tom Lee Reveals Why Investors Left Ethereum For Solana – Details

1 day ago
TRON Stablecoin Network Grows: TRC-20 USDT Flows From Exchanges Hit Record Highs

TRON Stablecoin Network Grows: TRC-20 USDT Flows From Exchanges Hit Record Highs

3 days ago
비트코인 하이퍼 프리세일 모금액, 1,200만 달러 돌파

비트코인 하이퍼 프리세일 모금액, 1,200만 달러 돌파

6 days ago
Altcoin

Interest In Altcoin Season Crashes 88% In August As Ethereum Price Tanks

1 week ago

Premium Sponsors

Press Releases

  • BTC & XRP ETFs Fuel Market Buzz as Cloud Mining Surges...

    1 minute ago
  • miner

    Digital asset mining accelerates: FY Energy Cloud Mining...

    1 hour ago
  • Най-добрата криптовалута за покупка

    Най-добрата криптовалута за...

    3 hours ago
  • Cloud Mining

    Can Cloud Mining Earn You $100,000 a Month? The Most...

    19 hours ago
  • ETNCrypto

    Win $100 Free Bonus: ETNCrypto Cloud Mining Launches Daily...

    20 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.