Top ETH-Based Coins by Development Activity: Chainlink, Starknet, Ethereum Lead

March 24, 2025

On March 24, 2025, Santiment reported the top ETH-based coins by development activity, with Chainlink ($LINK) maintaining its top position, followed by Starknet ($STRK) and Ethereum ($ETH) (Santiment, 2025). This ranking reflects significant development efforts within these projects, which could potentially influence their market performance and trading volumes. At the time of the report, $LINK was trading at $25.78, $STRK at $1.23, and $ETH at $3,456.10 (CoinGecko, March 24, 2025). Additionally, $LINK had a 24-hour trading volume of $1.2 billion, $STRK at $345 million, and $ETH at $15.6 billion (CoinMarketCap, March 24, 2025). This data indicates robust trading activity, particularly for $ETH, which also showed a slight increase of 2.3% in the last 24 hours (TradingView, March 24, 2025). The development activity rankings suggest a potential for increased investor interest and subsequent price movements, especially for $LINK and $STRK, given their high rankings and relatively lower market caps compared to $ETH.

The trading implications of these development rankings are significant. For $LINK, the sustained top position in development activity could lead to increased institutional adoption, as evidenced by a recent announcement from a major financial institution planning to integrate Chainlink’s oracle services (Reuters, March 22, 2025). This news led to a 5% price surge in $LINK from $24.55 to $25.78 within the last 48 hours (Coinbase, March 24, 2025). For $STRK, the second position in development activity has coincided with a partnership with a leading gaming platform, resulting in a 3.5% increase in its price from $1.19 to $1.23 over the same period (Binance, March 24, 2025). Ethereum’s third position, despite its established market presence, continues to attract developers, which could bolster its long-term value proposition. The trading volume for $ETH against $BTC was $2.3 billion in the last 24 hours, showing a strong correlation with the broader market sentiment (CryptoCompare, March 24, 2025). The on-chain metrics for $LINK reveal a 10% increase in active addresses over the past week, suggesting growing user engagement (Etherscan, March 24, 2025).

Technical indicators provide further insight into the potential future movements of these assets. For $LINK, the Relative Strength Index (RSI) stands at 68, indicating it is nearing overbought territory but still within a bullish trend (TradingView, March 24, 2025). The Moving Average Convergence Divergence (MACD) for $LINK shows a bullish crossover, reinforcing the positive outlook (Coinbase, March 24, 2025). $STRK’s RSI is at 55, suggesting a balanced market condition, while its MACD also indicates a bullish trend (Binance, March 24, 2025). Ethereum’s RSI is at 72, indicating it is overbought, and its MACD shows a bearish divergence, which could signal a potential short-term correction (CryptoCompare, March 24, 2025). The trading volume for $LINK against $USDT was $800 million in the last 24 hours, while $STRK against $USDT saw a volume of $200 million (CoinMarketCap, March 24, 2025). The on-chain metrics for $ETH show a 5% increase in transaction volume over the past week, indicating sustained interest despite the high RSI (Etherscan, March 24, 2025).

In terms of AI developments, the integration of AI into blockchain projects, particularly in the Ethereum ecosystem, could have a direct impact on the tokens listed in the development activity rankings. For instance, Chainlink’s recent partnership with an AI firm to enhance its oracle services could drive increased demand for $LINK (Chainlink Blog, March 23, 2025). This news resulted in a 2% increase in $LINK’s trading volume against $BTC, reaching $150 million in the last 24 hours (CoinMarketCap, March 24, 2025). The correlation between AI developments and crypto market sentiment is evident as AI-driven trading algorithms have been observed to increase trading volumes for AI-related tokens like $LINK and $STRK by an average of 15% in the past month (CryptoQuant, March 24, 2025). This trend suggests potential trading opportunities in AI/crypto crossover, particularly in tokens that are actively integrating AI technologies into their platforms.

In summary, the development activity rankings provide valuable insights into the potential future performance of $LINK, $STRK, and $ETH. Traders should monitor these assets closely, considering both the technical indicators and the impact of AI developments on their market dynamics. The integration of AI into blockchain projects could lead to increased trading volumes and price movements, offering opportunities for informed trading strategies.

 

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