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The latest report from Santiment ranks Chainlink (LINK) and Hedera (HBAR) as the leading projects by development activity in the Real World Assets (RWA) sector. Chainlink tops the list with a score of 197.8, followed by Hedera at 193.57, creating a noticeable gap versus other competitors including Stellar and Avalanche.
According to the report, the RWA ecosystem shows a two-tier pattern. The top performers operate with technical intensity roughly three times higher than that of their closest followers.
Santiment’s measure is designed to reflect programmers’ real commitment on GitHub rather than price movements. The report also points to continued construction activity during market corrections, citing projects such as IOTA and Stellar as examples of maintaining a high pace of development even when conditions weaken.
For investors, the report frames this as a way to distinguish long-term utility-focused protocols from those that may depend more heavily on narrative momentum or short-term speculation.
The report suggests the RWA sector is consolidating around a small number of technology-focused leaders. The next market test, it says, will be whether smaller-cap projects—such as Chia Network—can translate sustained technical activity into broader adoption that is reflected in their asset prices.
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