Santiment emphasized that developer activity is often one of the indicators that is forgotten when looking at the success of a project.
This is because the developer's activity shows a commitment to the development of a product, especially its commitment to the initial long-term plan.
Santiment provides data on 10 main projects that only exist on the ERC-20 or the Ethereum blockchain.
This research uses activity on GitHub in the past month, along with a list published on Twitter.
First is Gnosis, a market prediction platform, whose activity is seen increasing in February 2021.
Gnosis's activities include publishing on the Ethereum sidechain, xDai, joining the DeFi alliance, and launching a collaboration fund for Gnosis Safe Apps.
Status is the second project that looks busy with a few updates to its decentralized app.
In addition, the price of its token, SNT, also rose to touch its highest price in three years at IDR 1,783 in February 2021.
NFT protocol and Decentralized virtual reality and in third place due to several new developments to improve user convenience.
UMA's DeFi synthetic asset protocol was ranked fourth for two reasons, namely the publication of several major protocols and the collaboration with BadgerDAO.
In fifth place is Chainlink, which announced the launch of its official mainnet through Off-Chain Reporting (OCR).
The launch resulted in increased data efficiency on the Chainlink oracle, thereby reducing operating costs by approximately 90%.
The Chainlink development will also provide significant benefits to the DeFi Sector by providing 10 times more effectiveness.
Next up is Skale Network's modular cloud decentralized platform for operating decentralized applications based on the Ethereum blockchain.
Next in rank is MakerDAO which continues to grow with Ocean, a decentralized data exchange platform.
Lastly, there is Golem, a sharing economy-based computing platform and Santiment in 10th place.
The top five rankings on the list are dominated by the DeFi sector which indicates that the DeFi Sector is not finished dominating in 2020.
As the EIP-1559 proposal is implemented soon to address Ethereum's cost issues, the DeFi Sector will also increasingly dominate.
So that currently the main attention can be directed to the top five on the list because of its strong potential.
