As the cryptocurrency market enters the weekend after experiencing a serious rise this week, new data has also come out regarding altcoins and blockchains, which cryptocurrency developers have focused on the most this week.
This week, cryptocurrencies, led by Bitcoin, have gained approximately 6.50%, especially after Powell made an extremely dovish speech on Friday. The increase rate in the last day was 5.81%.
On the altcoin side, many altcoins are in the green zone and some are preparing to close the week with double-digit gains. These include BNB, FTM, GALA, MATIC, AVAX and ALGO.
The blockchain networks that developers have focused on the most in the cryptocurrency market in the last week are listed as follows, according to weekly developer activity and developer numbers:
- Ethereum: 42,945/2,770
- Arbitrum: 5.969/730
- Base: 5.841/990
- Scroll: 5.838/596
- Polygon: 5.763/832
- Cosmos: 5.414/859
- BNB Chain: 5.378/569
- Polkadot: 5.353/784
- Solana: 4.168/779
- Optimism: 4.036/549
Unsurprisingly, developer activity on Ethereum is much higher than on other networks, while many of the blockchain networks on the list are layer 2s designed to increase Ethereum’s scalability.
*This is not investment advice.
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