According to CryptoPotato, Santiment has ranked Internet Computer (ICP) as the leading digital asset in terms of development activity over the past 30 days. ICP achieved an overall score of 570.1, making it the second-largest token in the Artificial Intelligence (AI) sector with a market capitalization of nearly $3.5 billion. Despite a price surge to almost $20 in March, ICP's value has since retraced to around $7.50, based on CoinGecko's data.
Hedera (HBAR) and Cardano (ADA) secured the second and third spots in Santiment's ranking. ADA's inclusion in the top three is notable given its significant decline during a recent market crash, which saw its price drop to a nine-month low of $0.28 and its market capitalization nearing the $10 billion mark. The downturn had a substantial impact on ADA investors, with the percentage of holders experiencing paper losses falling to under 1% on August 5. The current outlook is more positive, with approximately 15% of ADA holders now in profit.
Other cryptocurrencies featured in the top 10 list include Ethereum (ETH), Chainlink (LINK), Polkadot (DOT), and Cosmos (ATOM). Ethereum, the second-largest digital asset by market cap, has garnered attention due to the introduction of several spot ETH ETFs in the United States. Financial giants such as BlackRock, Fidelity, Franklin Templeton, and Invesco have launched these products, contributing to Ethereum's prominence.
In a previous Santiment ranking released at the start of last month, Hedera (HBAR), Chainlink (LINK), and Optimism (OP) were the top three coins by development frequency over a 30-day period, with scores of 759, 526, and 481, respectively. Cardano (ADA) was ranked fifth, while Cosmos (ATOM), Starknet (STRK), and Aptos (APT) were also included. Notably, Ethereum (ETH) did not make the list at that time.