🐳 Referring to the Tuesday whale transaction highlighted by Lookonchain, our own metrics indicate a major spike in dormant activity on Bitcoin's network to pair with $37.4B in on-chain volume Tuesday, the most in 7 months. Historically, stagnant BTC moving back into regular circulation is a positive for future price movement.

🧑‍💻 Here are crypto's top Solana ecosystem projects by development. Directional indicators represent each project's ranking rise or fall since last month:

➡️ 1) Solana $SOL 🥇
➡️ 2) Wormhole $W 🥈
➡️ 3) Pyth $PYTH 🥉
📈 4) Jito $JTO
➡️ 5) Neon $NEON
📈 6) Drift $DRIFT
📈 7) Orca $ORCA
➡️ 8) Helium $IOT
📈 9) Helium Mobile $MOBILE
📈 10) Metaplex $MPLX

Read about Santiment's methodology for covering development activity for each project, objectively, using enhanced github event data.

📺 Looking for a reliable way to identify which altcoins are having rallies just starting up, or just about to come to an end? Enjoy our walkthrough of Santiment's Activity Matrix to see what we have to say about Civic, The Graph, and more!

🧑‍💻 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

🗣️ The top cryptocurrencies seeing abnormally high levels of trader interest to start the week include:

🪙 Bitcoin $BTC: Analysts and community members continue their optimism about "Uptober" and the potential for a bull run in 2024. There is also a growing institutional interest in Bitcoin, particularly with the anticipation of further spot ETFs.

🪙 Neiro $NEIRO: Large transactions involving whales swapping PEPE for NEIRO indicates a growing interest and investment.

🪙 Bitget Token $BGB: The asset experienced a drastic price drop of over 50% Monday. This sudden decline has raised concerns about market manipulation and liquidity issues, while the exchange is assuring compensation to traders and holders.

📊 Keep an eye on the following crypto projects seeing major boosts in whale transactions in the past week (compared to their whale activity the prior week):

🐳 1) Cronos $CRO +255%
🐳 2) Aave $AAVE (On Optimism) +100%
🐳 3) Ethena USDe $USDe +82%
🐳 4) Multi-Collateral Dai $DAI +75%
🐳 5) USD Coin $USDC (On Polygon) +57%
🐳 6) Wrapped Ether $WETH +53%
🐳 7) Aave $AAVE (On Polygon) +50%
🐳 8) Toncoin $TON +50%
🐳 9) Immutable X $IMX +36%
🐳 10) Arbitrum $ARB +25%

📈 In general, following whale activity in the altcoin market, can lead to making more optimized profit in your portfolio. Pay particular attention to coins that have been dropping in value that suddenly see massive whale spikes. These are prime candidates for upcoming bounces.

🐬 As crypto enjoys a positive Friday, we continue to see growth from the 'dolphin tier' of traders, holding between 0.1 to 10 BTC. After shrinking in number through most of 2024, since July 4th:

📈 0.1-1 BTC wallets: +25,671 More
📈1-10 BTC wallets: +4,013 More

🧑‍💻 Here are crypto's top gaming projects by development. Directional indicators represent each project's ranking rise or fall since last month:

➡️ 1) MultiversX $EGLD 🥇
➡️ 2) Decentraland $MANA 🥈
📈 3) Immutable X $IMX 🥉
➡️ 4) Skale $SKL
📈 5) Enjin $ENJ
📈 6) Saito $SAITO
📈 7) Axie Infinity $AXS
📉 8) Treasure $MAGIC (On Ethereum)
📈 9) The Root $ROOT
📈 10) Cere $CERE

Read about our new, objective methodology for covering development activity and "cutting through the noise and misinformation" for over 3,000 projects here!

📺 The excitement surrounding "Uptober" has been squashed for the time being as the crowd euphoria from last week has vanished. Our latest chat with Thinking Crypto discusses market timing, the Middle East conflict's impact, and XRP ETP hype!

😎 With Bitcoin retracing -9.2% since its $66.4K local high on September 27th, the crowd has cooled its excitement toward crypto considerably. This change in mood is encouraging, considering markets typically always move the opposite direction of the crowd's expectation.