It goes without saying that the past 12 months have been an absolutely wild ride in the cryptocurrency industry in terms of price. This also makes it easy to forget that there’s a lot of work being done on the most popular networks to fuel this massive growth.
We take a closer look at Outlier Ventures’ Blockchain Development Trends report, examining the period between July 2020 and June 2021.
Cardano Lead by Commits Per Month (CPM)
First things first, the report outlines that Cardano ranks the highest when it comes to the average commits per month on its blockchain. The total is 702 CPM, which represents a growth of 24% to the previous 12-month period.
The second network following Cardano is, somewhat expectedly, Ethereum with an average of 447 CPM – a growth of 10.5%. After that, there’s IOTA, with 394 CPM, Filecoin, with 368 CPM, and Flow – the NFT-centric blockchain with 305 CPM.
It’s also worth noting that the report found out the average of all commits across the examined protocols is 107 CPM, meaning that Cardano and Ethereum are 555% and 317% more active compared to the general average.
For reference, here are the other blockchains from the top 10:
Blockchains With Increasing Commits
The document reveals that Avalanche is the clear winner when it comes to the overall increase in the commits on its blockchain. It went from 1,553 commits per year (CPY) in the previous period to 12,575 CPY in this period. This is a massive growth of 709.72%.
Somewhat not surprisingly, the price of its native token, AVAX is up tremendously over the past 12 months, reaching upwards of $50 just a few weeks ago.
Second in line is Ocean Protocol, with a 354% increase, followed by Terra with 186%. After that is Cosmos with 115% and IOTA with 98%.
Blockchains With Decreasing Commits
And while there are some networks that enjoy an increasing developer’s activity, there are these that suffer from the opposite.
Aion saw a decrease of about 95%, followed by Energi with 94%. Nuls is in third place with 80%, and Ethereum Classic (ETC), which was also hacked on a few occasions during this period, saw 65% of its activity gone.
What About Developers?
In terms of active developers, Ethereum is in the lead with an average of 168 active developers per month, followed by Cardano with 165, Hyperledger with 157, and Filecoin with 112.
Again, Avalanche saw a massive growth of 299% in the monthly active developers on average.
To compare with the previous period, here’s how the table looks like: