- Chainlink dominates the RWA arena, with 2.49 times more daily activity than its contenders.
- Notable projects such as Maker, Ondo Finance, and Pendle fell short of the top 5.
Blockchain oracle platform Chainlink emerges as the most active crypto project in driving developments in the real-world asset (RWA) sector, as per data from Santiment. Remarkably, daily activity on Chainlink is 2.49 times more than other crypto projects in the same arena.
Over the last 30 days, according to the platform’s analysis, Chainlink recorded 398 commits on GitHub. In the recent X post, Santiment highlighted the LINK ecosystem’s notable daily activity spike — 1D active addresses exceeded over 3.13K. Both retail and institutional players are turning their focus to Chainlink’s CCIP (Cross-Chain Interoperability Protocol), which is now recognized as a driving force behind the RWA ecosystem’s expansion.
Taking the past 30-day “non-redundant GitHub activity” and average daily active addresses (DAA) data into account, Santiment has ranked various RWA-linked crypto projects. DeFi protocol Synthetix bagged the second spot on the dashboard by observing over 160 commits on GitHub. While Centrifuge is spotted on the third with 44 commits. Notably, this on-chain protocol raised $15 million to scale institutional DeFi.
Following the top 3, Dusk, a ZK-powered privacy blockchain, recorded over 40 commits. This project is quite pivotal in advancing the regulated decentralized finance (RegDeFi) scene. Lower down the rankings, we find other renowned industry players. Maker, a prominent DeFi protocol, sits in 8th place, with Pendle at 19th and Ondo Finance at 24th.
