![Polkadot [DOT] is winning in terms of development activity but…](https://i.headtopics.com/images/2023/1/9/cryptoamb/polkadot-dot-is-winning-in-terms-of-development-ac-polkadot-dot-is-winning-in-terms-of-development-ac-1612291319421870083.webp)
Polkadot [DOT] is winning in terms of development activity but...
An assessment of Polkadot’s development activity metric collaborates with the ProofOfGithub observations. The network’s development activity experienced a sharp surge since 3 January.
Interestingly, the same metric demonstrates a slowdown from mid to the end of December. This is likely because developers were out for the holidays and have now picked up where they left off.Polkadot has not released any development-related updates so far despite the above observations. This might be a sign that the ongoing development activity might be related to ecosystem development.
Despite this, the fact that Polkadot is clocking in more dev activity than its rival networks may not go unnoticed by the investors.Healthy development does usually have a positive impact on investor sentiment. However, this does not seem to reflect on DOT’s weighted sentiment. The latter declined since mid-December and is yet to recover.managed to pull off an 11% upside in the first week of January despite the lack of enthusiasm among investors.
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DOT investors can expect a continued rally only if this metric upholds its positionDOT’s stochastic was overbought at the time of writing. However, metrics and other indicators looked bullish. On 7 January, Polkadot [DOT] tweeted about its achievements for the week. The blockchain network celebrated its best performance by price in the last seven days with a 7.2% growth, a feat that surpassed many large chains. Cosmos [ATOM] […]
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