The layer-1 blockchain Hedera (HBAR) has taken the top spot in crypto’s real-world asset (RWA) sector for recent development activity, according to new data from analytics firm Santiment.
Santiment is sharing its latest RWA development rankings, which track notable GitHub activity over the past 30 days. Hedera ranked first, overtaking other major projects in the sector.
“Here are crypto’s top Real World Assets (RWA’s) by development. Directional indicators represent each project’s ranking rise or fall since last month:”
Blockchain oracle Chainlink (LINK) placed second on the list, followed by Ethereum (ETH) layer-1 rival Avalanche (AVAX) in third and payments-focused blockchain Stellar (XLM) in fourth. IOTA (IOTA) climbed into fifth place, while Chia (XCH) slipped to sixth. VeChain (VET), Lumerin (LMN), and Creditcoin (CTC) all moved higher in the rankings, landing seventh, eighth, and ninth, respectively. Injective (INJ) rounded out the top ten after dropping one spot.
The crypto analytics firm notes that its development rankings exclude routine updates and rely on a proprietary methodology designed to highlight meaningful GitHub events. The firm has previously said that strong and consistent development activity can signal that projects are actively building and less likely to be abandoned.
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