By Tobi Loba
Chainlink (LINK), has been experiencing a significant increase in price in the past few weeks. Aside from price appreciation, Chainlink is exhibiting a notable increase in developer activity, displacing the record of the first and largest cryptocurrency by market cap, Bitcoin (BTC).
Chainlink is a decentralized oracle network that has quite a number of integrations and partnerships in its portfolio.
The blockchain project grows in integration and partnership with each passing day, which seems to aid the increase of its developer activity on Github, an American multinational corporation that provides hosting for software development and version control using Git.
Chainlink (LINK) Outshines Bitcoin (LINK) In Terms Of Developer Activity on Github
According to the crypto asset ranking platform, CryptoMiso, Chainlink, the decentralized oracle network tops the list of projects with high commits on Github, including Bitcoin.
Going by the report, in the last 12 months, Chainlink accrued 4,189 commits from 51 contributors, which notably outperformed Bitcoin with just 2,452 commits from 100 contributors.
What Does the Number of Github Commits Imply
The number of Github commits is the measurement of developer activity based on the addition made to the source code. The Github page of Chainlink reveals that the blockchain project has accrued a total of 11,588 commits from 54 contributors.
Chainlink Records New All-Time High as Its Github Developer Activity Surges
Both the price of LINK and Chainlink’s developer activity are significantly increasing concurrently. About two days ago, the digital token LINK recorded its price all-time high of $19.58, a huge positive trend that aided the cryptocurrency to displace Bitcoin Cash (BCH) from the 5th position based on market capitalization, the position it solidly maintains until the time of publication.
According to CoinMarketCap, LINK has increased by more than 973% YTD. At the time of filing this report, LINK is trading at $18.88, with a 0.56% price downtrend in the last 24 hours.
In conclusion, as Chainlink keeps performing excellently across the board, some crypto analysts and pundits believe that the digital currency is poised to continue its positive price trend after a bit retraction.
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