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These 10 Altcoins Are The Top 10 Altcoins Developers Are Focusing On This Week – There Are Surprises

These 10 Altcoins Are The Top 10 Altcoins Developers Are Focusing On This Week – There Are Surprises

BitcoinsistemiBitcoinsistemi2024/08/23 21:42
By:Mete Demiralp

Onchain Data has shared the top 10 altcoins that developers are focusing on this week and their rankings. Here are the details.

As the cryptocurrency market enters the weekend after experiencing a serious rise this week, new data has also come out regarding altcoins and blockchains, which cryptocurrency developers have focused on the most this week.

This week, cryptocurrencies, led by Bitcoin, have gained approximately 6.50%, especially after Powell made an extremely dovish speech on Friday. The increase rate in the last day was 5.81%.

On the altcoin side, many altcoins are in the green zone and some are preparing to close the week with double-digit gains. These include BNB, FTM, GALA, MATIC, AVAX and ALGO.

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The blockchain networks that developers have focused on the most in the cryptocurrency market in the last week are listed as follows, according to weekly developer activity and developer numbers:

  1. Ethereum: 42,945/2,770
  2. Arbitrum: 5.969/730
  3. Base: 5.841/990
  4. Scroll: 5.838/596
  5. Polygon: 5.763/832
  6. Cosmos: 5.414/859
  7. BNB Chain: 5.378/569
  8. Polkadot: 5.353/784
  9. Solana: 4.168/779
  10. Optimism: 4.036/549

Unsurprisingly, developer activity on Ethereum is much higher than on other networks, while many of the blockchain networks on the list are layer 2s designed to increase Ethereum’s scalability.

*This is not investment advice.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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