These 10 Altcoins Are The Top 10 Altcoins Developers Are Focusing On This Week – There Are Surprises

As the cryptocurrency market enters the weekend after experiencing a serious rise this week, new data has also come out regarding altcoins and blockchains, which cryptocurrency developers have focused on the most this week.

This week, cryptocurrencies, led by Bitcoin, have gained approximately 6.50%, especially after Powell made an extremely dovish speech on Friday. The increase rate in the last day was 5.81%.

On the altcoin side, many altcoins are in the green zone and some are preparing to close the week with double-digit gains. These include BNB, FTM, GALA, MATIC, AVAX and ALGO.

Related News: Senior Fed Executive Makes New Remarks After Powell’s Speech

The blockchain networks that developers have focused on the most in the cryptocurrency market in the last week are listed as follows, according to weekly developer activity and developer numbers:

Ethereum: 42,945/2,770
Arbitrum: 5.969/730
Base: 5.841/990
Scroll: 5.838/596
Polygon: 5.763/832
Cosmos: 5.414/859
BNB Chain: 5.378/569
Polkadot: 5.353/784
Solana: 4.168/779
Optimism: 4.036/549

Unsurprisingly, developer activity on Ethereum is much higher than on other networks, while many of the blockchain networks on the list are layer 2s designed to increase Ethereum’s scalability.

*This is not investment advice.

Continue Reading: These 10 Altcoins Are The Top 10 Altcoins Developers Are Focusing On This Week – There Are Surprises