🧑‍💻 Looking at full crypto ecosystem development activity provides nice long-term roadmaps as to which are innovating and gaining on the ultra-competitive competition that this sector provides.

As of the first week of October, Solana's has continued to emerge with a +10.7% rise in notable github events. Arbitrum's and Avalanche's ecosystems have also had +5.2% growth in development during this stretch.

Keep tabs on Santiment's FREE development activity dashboard here: https://app.santiment.net/dev-activity

Want to suggest an ecosystem that isn't available yet? Provide it here: https://api.santiment.net/forms/suggest_ecosystems

And help suggest which new and emerging assets belong to which ecosystems here: https://api.santiment.net/forms/suggest_github_organizations

🧑‍💻 Here are the top 15 cryptocurrency blockchain ecosystems by their level of github events, along with their growth in the category over the past year. This list is based on each ecosystem's amount of 'pure' development activity events, rather than just 'commits':

📈 1) Ethereum Ecosystem: +0.8% Year-Over Year 🥇
📈2) BNB Chain Ecosystem: +3.0% 🥈
📉3) Polygon Ecosystem: -1.6% 🥉
📈4) Cosmos Ecosystem: +7.9%
📈5) Arbitrum Ecosystem: +11.6%
📈6) Optimism Ecosystem: +39.3%
📈7) Avalanche Ecosystem: +16.6%
📈8) Harmony Ecosystem: +5.9%
📈9) Polkadot Ecosystem: +1.8%
📈10) Solana Ecosystem: +12.1%
📈11) Osmosis Ecosystem: +10.7%
📈12) Cardano Ecosystem: +16.3%
📈13) Gnosis Ecosystem: +2.4%
📈14) Fantom Ecosystem: +31.7%
📈15) Near Ecosystem: +2.6%

Check out our full article about how we calculate github events here!

🧑‍💻 Wondering which crypto ecosystems are continuing to build through the carnage?

Bookmark this FREE Santiment activity dashboard, updating notable development for blockchains on a daily basis.

🧑‍💻 Ethereum's ecosystem continues to lead by a comfortable 2x margin over BNB Chain. Here are the top 5 ecosystems in terms of notable development activity events, and their year-over-year percentage changes:

📉 1) Ethereum Ecosystem: -0.12% 1-year change 🥇
📈 2) BNB Chain Ecosystem: +2.72% 1-year change 🥈
📉 3) Polygon Ecosystem: -1.93% 1-year change 🥉
📈 4) Cosmos Ecosystem: +7.89% 1-year change
📈 5) Arbitrum Ecosystem: +10.29% 1-year change

Read all about the Santiment methodology for development activity tracking here.

📉 #Bitcoin briefly fell below $40K for the first time since December 4th. Monday has been a bloodbath for most of the #crypto sector. Notably, there is 35% less discussion toward $BTC and 21% less toward $ETH compared to the prior #ETF approval week. #FUD is beginning to enter the picture, which should create nice price bounce opportunities when it reaches its peak.

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With the #ETF approvals came an immediate altcoin party breakout. Meanwhile, #Bitcoin has stayed relatively quiet. Will this trend continue? Our latest video discusses the push for another #altseason & trader euphoria following the big news!

🥳 In a highly anticipated result, 11 separate firms received approval on their #BitcoinETF proposals by the #SEC. With this news, #Bitcoin is up slightly... but just like on yesterday's fake announcement, #altcoins are the ones surging. Ideally, a long-term #bullcycle would be led by $BTC initially, followed by #alts. But for now, the following top-100 projects have been the biggest beneficiaries on what is already one of the largest single-day #alt dominance days since 2021:

📌 $HEX + 36%
📌 $ARB +20%

📌 $SNX +17%
📌 $ETC +14%
📌 $MNT +14%

We expect much higher than usual volatility for at least the rest of this week, and you can join our community of pro traders to be the first to be informed of the latest divergences. Get a free Sanbase PRO trial here to join our wonderful trader and investor community, and see what others in crypto can't!

📊 #Bitcoin's continued climb to $45.8K market value (highest since April, 2021) has helped #altcoins ascend in early 2024. Several breakout assets are following tight social volume patterns. If #FOMO stays away, $ICP, $FIL, $ARB, $BSV, $MKR, & $SEI can continue big runs.

Track how sentiment analysis is crucial to identify tops and bottoms of individual projects. During these kinds of market cycles where assets fluctuate independently, Santiment data helps optimize your trading like no other. Try a free trial here!