Despite a weak market, developer activity in the real-world asset (RWA) tokenization segment continues at a strong pace. According to data from the past 30 days, Chainlink, Avalanche, and Stellar lead in terms of GitHub changes. Other projects in the top 10 include Axelar, IOTA, Injective, and Centrifuge.
RWA Segment Development Leaders
The data was published on the Santiment platform and reflects the number of commits and changes on GitHub related specifically to the RWA tokenization segment.
According to the platform's analysts, Chainlink (LINK) took first place with 351 significant GitHub events in a month. Its current price stands at $14.34, with a market capitalization of $9.49 billion. The surge in development activity coincided with a daily price increase of 2,94%.
Avalanche (AVAX) came in second with 183.4 events, a market cap of $7.82 billion, and a 1,41% price increase to $18.54. The project falls into the category of platform-based solutions.
Stellar (XLM) ranked third with 144.57 code changes. The network's capitalization is $9.18 billion, while its token price rose 13,94% over 24 hours to $0.296353.
Axelar and IOTA Continue to Increase Activity
Fourth place went to the cross-chain protocol Axelar (AXL), which recorded 113.77 GitHub events and a price increase of 4,83%. The token is priced at $0.327, with a market capitalization of $326.31 million.
Fifth is IOTA (IOTA), which is developing solutions for the Internet of Things (IoT). It logged 92.4 changes in its repository, with the price up 5,67% to $0.16704 and a total capitalization of $650.07 million.
Remaining Members of the Top 10
In sixth place is Injective (INJ) with 67.8 events. The token is trading at $10.51, with a daily gain of 0,1413% and a market cap of $1.05 billion.
Seventh place goes to Chia Network (XCH), which recorded 65.73 events and a 3,18% price increase to $9.71. Its market cap stands at $139.95 million.
Eighth is Hedera (HBAR), with 63.43 events and a token price of $0.16942 (+4,58%). The project has a market capitalization of $7.18 billion.
VeChain (VET) takes ninth place with 53.63 events. The token is priced at $0.021668 (+4,72%) and has a market capitalization of $1.86 billion.
Centrifuge (CFG) rounds out the top 10 with 37 events. The token is valued at $0.193806, showing a daily increase of 1,01%, and its market cap is $108.68 million.
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