Will Chainlink’s Development Activity Lead LINK to a New High?

• Chainlink upgrades over the years placed it in the 4th position in terms of development activity.
• LINK hit $6 after mild buying pressure from bulls in the market.
• If the MFI and AO continue to form highs, LINK may reach $6.50 soon.

According to on-chain analytic provider Santiment, Chainlink’s (LINK) development activity has been impressive for the last three years. As a result of the increase, Chainlink became the fourth most valuable project in terms of development activity.

Chainlink Gives Polkadot a Run

By definition, development activity in crypto measures the shared GitHub repository connected to a project. In simpler terms, the metric tracks the dedication shown by developers in ensuring that a project’s network works effectively.

Typically, projects like Cardano (ADA) and Polkadot (DOT) top this metric, and the status has not changed.

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