While Bitcoin (BTC) and altcoins have experienced a major crash in recent days, October, which is historically known as the bullish and strongest month of the year, is expected.
At this point, as bullish expectations for October increase, Santiment has listed the five altcoin projects with the most active development activity in the last 30 days.
Ethereum (ETH) ranked first on the list, followed by BNB Chain and Polygon.
” 1)Ethereum 2) BNB Chain 3) Polygon 4) Optimism 5) Arbitrum”
According to the data, 2,903 Etheruem ecosystem development events took place last month, making ETH the leader in this number.
The gap between them and BNB Chain, which was just behind Etheruem, was significant, as BNB Chain hosted 1471 development events, while Polygon, Optimisim, and Arbitrum had 1282, 1140, and 1104 development events, respectively.
*This is not investment advice.