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Layer-1 Blockchain Network Surpasses Decentraland to Become the Leading Crypto Gaming Project for Development: Santiment



In a recent report by the analytics platform Santiment, a layer-1 blockchain project called MultiversX (EGLD) has surpassed Decentraland (MANA) to become the top crypto gaming project in terms of development activity. MultiversX registered 236.93 notable GitHub events, compared to Decentraland’s 150.4 events. Following closely behind was Immutable X (IMX) with 77.4 GitHub events, and Skale Network (SKL) with 42.6 events.

Santiment uses a unique methodology to collect data for GitHub events, excluding routine updates to focus on significant development activity. The firm believes that heavy development activity within a crypto project signifies a positive outlook, indicating that developers believe in the project’s success and decreasing the likelihood of an exit scam.

MultiversX, formerly known as Elrond, is a proof-of-stake blockchain network with over 3,000 decentralized nodes. The project’s goal is to assist developers in creating next-generation applications. The native token of MultiversX, EGLD, is currently trading at $35.98, ranking 103rd by market cap. However, the token has seen a decrease of more than 7.5% in the past 24 hours and over 10% in the last month.

In a competitive crypto gaming industry, MultiversX’s leadership in development activity signals its dedication to innovation and growth. The project’s focus on decentralization and cutting-edge technology positions it as a promising player in the blockchain space. Developers and investors alike are keeping a close eye on MultiversX as it continues to make strides in the crypto gaming sector.

As decentralized finance (DeFi) and NFTs gain popularity, projects like MultiversX are at the forefront of revolutionizing the gaming industry. By leveraging blockchain technology, these projects offer unique opportunities for gamers and creators to participate in a decentralized ecosystem. MultiversX’s commitment to building a vibrant and dynamic platform sets it apart from traditional gaming projects and attracts a diverse community of supporters.

With its impressive GitHub activity and innovative approach to blockchain development, MultiversX has positioned itself as a top contender in the crypto gaming space. As the project continues to evolve and expand its ecosystem, it is poised to make a significant impact on the gaming industry. Investors and enthusiasts can expect exciting developments from MultiversX as it strives to redefine the future of gaming through blockchain technology.

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