Top 10 Cryptocurrencies by “Notable Development Activity” (Sentiment)

TL;DR

Internet Computer (ICP) came first for the second time in a row. Cardano (ADA), whose price has risen substantially in recent weeks, is also included in the top 10 list. The latest ranking

Crypto analytics platform Santiment estimated that Internet Computer (ICP) ranked first in terms of “notable development activity” in the past 30 days, with a score of 740.7. The testimonial also topped last month’s ranking.

ICP saw a substantial rise last year, with its price increasing by 215% during that period. It reached a local high of nearly $20 in March 2024 before returning to its current $9.50 (according to CoinGecko data). ICP’s market cap is nearly $4.5 billion, making it the second largest AI-related cryptocurrency (behind NEAR).

Chainlink (LINK) ranked second on Santiment’s list with a score of 594.8, while Hedera (HBAR) came in third with a ratio of 473.23. Optimisme (OP) and Cardano (ADA) completed the top five clubs.

ADA has been leading the gains lately, hitting a two-month high of $0.41. Its price increase coincides with the general bullish condition of the entire cryptocurrency market, as well as the increase in the total value locked in the Cardano network. DefiLlama stats show that TVL pumped in over $250 million as of September 27, a figure last seen in early June.

The rest of the cryptocurrencies included in the ranking are Cosmos Hub (ATOM), ZKsync (ZK), Avalanche (AVAX), Polkadot (DOT) and Kusama (KSM).

The ADA’s next potential move?

As mentioned above, ADA has been one of the best performing cryptocurrencies recently and it will be interesting to check some price predictions related to it.

Popular X user Crypto Rand claimed that a “bullish breakout” was confirmed on September 26, suggesting that this could be the starting point for a trip to $1.

Trend Rider also chimed in, noting a “super signal” emerging on the ADA/BTC chart. “If confirmed, there is a strong possibility that ADA will start gaining value against Bitcoin in the coming weeks. This signal has a historical accuracy of 80%,” the analyst maintained.

Earlier this week, CryptoBullet predicted the price of ADA to hit a lower high of around $1.80 next year. On the other hand, they assumed it could drop to roughly $0.15 after that.

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