Polkadot and Kusama witness a noticeable increase in development activity

The cryptocurrency industry appears to be slowly recovering from the catastrophic collapse of cryptocurrency exchange FTX, marking one of the worst years in the industry’s history.

However, several blockchain networks are making progress in terms of development activity.

• according to the latest data from cryptanalytics firm Santiment, Polkadot (DOT) and Kusama (KSM) lead with the most GitHub commits in the past 30 days. Both networks had a score of 441.5.
• Cardano (ADA), Decentraland (MANA), and Status (SNT) trail behind, capturing the top five for development activity with a score of 337, 309.83, and 308.83, respectively.
• Ethereum (ETH), which became the blockchain with the most active developers in 2022, ranked ninth with a development activity score of 219.83.
• It ranked behind networks like Cosmos (ATOM), Filecoin (FIL), and Internet Computer (ICP), which scored 258.33, 252.67, and 220.47, respectively.
• GitHub activity is considered a crucial metric when analyzing projects. Many developers who put in their time and skills generally indicate trust in the particular ecosystem.
• Despite the brutal crypto winter, Web3 developers are on the rise. In fact, a recent report by Electric Capital stated that the number of monthly active Web3 developers has increased by 5.4% to more than 23,300 in the last year.
• More precisely, the number of “full-time” developers, definite as those contributing to 76% of GitHub commits, increased by more than 8%
• A significant drop in developer activity occurred during the Terra ecosystem crash in May 2022. The next three months saw a 26% drop in the number of weekly active Web3 developers.
• Overall, there were 61,127 new Web3 developers entering the industry in 2022, an increase of almost 26% compared to the previous year.