The potential success and expansion of a cryptocurrency project are greatly influenced by development activity. A digital asset’s functionality and long-term prospects are improved by a committed team of developers, like Ethereum, who continually work on improvements and innovations.
Performance of Top Developed Projects Over Six Months
Interesting conclusions can be drawn from comparing the price returns of the top 20 developed projects over the previous six months:
Kusama (KSM) and Polkadot (DOT) both experienced a decline in price, with changes of -12% and -8%, respectively.
Ethereum (ETH) recorded a significant price increase of +26%.
Cardano (ADA) and Hedera (HBAR) witnessed minor gains, with +2% and +1% changes, respectively.
Decentraland (MANA) and Vega Protocol (VEGA) saw price drops of -14% and -17%, respectively.
The average 6-month price change for the top 10 most developed projects was -3%, but the average 6-month price decrease for projects ranked 11 through 20 was more significant—-14%.
The list of fastest-developed crypto assets:
T1 – Kusama ($KSM): -12% Change
T1 – Polkadot ($DOT): -8% Change
3 – Cardano ($ADA): +2% Change
4 – Cosmos ($ATOM): -9% Change
5 – Hedera ($HBAR): +1% Change
6 – Internet Computer ($ICP): +5% Change
7 – Status ($SNT): -6% Change
8 – Ethereum ($ETH): +26% Change
9 – Decentraland ($MANA): -14% Change
10 – Vega Protocol ($VEGA): -17% Change
11 – Aptos ($APT): +14% Change
12 – Chainlink ($LINK): -1% Change
13 – IOTA ($MIOTA): -23% Change
14 – Flow ($FLOW): -47% Change
15 – Osmosis ($OSMO): -37% Change
16 – MultiversX ($EGLD): -18% Change
T17 – Avalanche – BNB Chain ($AVAX): +2% Change
T17 – Avalanche ($AVAX): +2% Change
19 – Filecoin ($FIL): +1% Change
20 – Uniswap ($UNI): -18% Change
Good one.
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