A relatively new Ethereum (ETH<\/a>) layer-2 scaling solution has soared to the top of Santiment\u2019s rankings of ERC-20 coins in terms of recent development activity.<\/p>\n The crypto analytics firm notes<\/a> that Starknet (STRK<\/a>) clocked 401.97 notable GitHub events over the past 30 days.<\/p>\n Starknet<\/a> is a decentralized validity rollup, otherwise known as a zero-knowledge (ZK) roll-up. Rollups are solutions that execute transactions outside of Ethereum\u2019s blockchain but record the transactional data. The project launched<\/a> its token last February.<\/p>\n STRK is trading at $0.455 at time of writing. The 119th-ranked crypto asset by market cap is up more than 7% in the past 24 hours.<\/p>\n Starknet surged past last month\u2019s most-developed project, the decentralized oracle network Chainlink (LINK<\/a>), which registered 311.57 notable GitHub events. Ethereum itself was third, with 219.13 events.<\/p>\n An ERC-20 project is a standard that developers use to issue tokens on the Ethereum blockchain.<\/p>\n Santiment notes that it doesn\u2019t count routine updates and utilizes a \u201cbetter methodology\u201d to collect data for GitHub events based on a \u201cbacktested process.\u201d<\/p>\n The analytics firm has previously\u00a0said<\/a> that heavy development activity centered around a crypto project indicates developers believe in the protocol. Development activity also suggests a given project is less likely to be an exit scam.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n
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