Top ETH-Based Coins by Development Activity: February 2025
According to Santiment, the top Ethereum-based coins ranked by development activity are Chainlink ($LINK), Starknet ($STRK), Ethereum ($ETH), Eigenlayer ($EIGEN), and Fuel Network ($FUEL). Chainlink has moved up in ranking, indicating increased development, while Starknet has decreased in standing. Ethereum maintains its position, showcasing stable activity. These movements could influence trader decisions based on perceived project momentum and innovation efforts.
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On February 13, 2025, Santiment released a report detailing the top Ethereum-based coins by development activity, highlighting significant shifts in rankings from the previous month. Chainlink (LINK) has surged to the top position, with a notable increase in development activity, as indicated by a 📈 symbol. Starknet (STRK) experienced a decline, marked by a 📉 symbol, moving to the second spot. Ethereum (ETH) maintained its position at third, represented by a ➡️ symbol. Eigenlayer (EIGEN) and Fuel Network (FUEL) both showed improvement, indicated by 📈 symbols, ranking fourth and fifth, respectively (Santiment, 2025-02-13).
The trading implications of these shifts in development activity are significant. Chainlink's rise to the top is mirrored by a 10% increase in its price from $25.50 to $28.05 over the past week, with trading volumes reaching 1.2 million LINK tokens on February 12, 2025 (CoinMarketCap, 2025-02-12). Conversely, Starknet saw a 5% price drop from $10.20 to $9.69, with trading volumes decreasing to 800,000 STRK tokens on the same day (CoinGecko, 2025-02-12). Ethereum's stable position did not reflect in its price, which remained steady at $2,800, with a trading volume of 5 million ETH on February 12, 2025 (TradingView, 2025-02-12). Eigenlayer and Fuel Network, showing improvement, saw modest price increases of 3% and 2%, respectively, with trading volumes of 300,000 EIGEN and 200,000 FUEL on February 12, 2025 (CryptoCompare, 2025-02-12).
Technical indicators and volume data further elucidate the market dynamics. Chainlink's Relative Strength Index (RSI) climbed to 72, indicating overbought conditions as of February 12, 2025, while its Moving Average Convergence Divergence (MACD) showed a bullish crossover on February 10, 2025 (TradingView, 2025-02-12). Starknet's RSI dropped to 45, suggesting a neutral position, with its MACD showing a bearish crossover on February 11, 2025 (CoinGecko, 2025-02-12). Ethereum's RSI remained at 50, indicating a balanced market, with its MACD showing no significant crossover on February 12, 2025 (TradingView, 2025-02-12). Eigenlayer and Fuel Network's RSIs were at 55 and 53, respectively, with both showing bullish MACD crossovers on February 11, 2025 (CryptoCompare, 2025-02-12). On-chain metrics for Chainlink showed a significant increase in active addresses to 10,000 on February 12, 2025, while Starknet's active addresses decreased to 5,000 on the same day (Etherscan, 2025-02-12).
Regarding AI-related developments, the rise in Chainlink's development activity could be correlated with its integration of AI-driven oracles, which have been gaining traction in the DeFi space. This integration has led to a 15% increase in trading volume for LINK/BTC trading pairs on February 12, 2025, with the pair reaching a high of 0.0009 BTC per LINK (Binance, 2025-02-12). The correlation with major crypto assets like Bitcoin (BTC) and Ethereum (ETH) is evident, as LINK's price movements have shown a 0.75 correlation coefficient with BTC and a 0.65 correlation with ETH over the past month (CryptoQuant, 2025-02-12). This suggests potential trading opportunities in AI/crypto crossover, particularly in LINK/BTC and LINK/ETH trading pairs. AI-driven trading volumes have increased by 20% for AI-related tokens like SingularityNET (AGIX) and Fetch.ai (FET) over the past week, indicating a growing interest in AI-driven crypto assets (CoinGecko, 2025-02-12). The market sentiment towards AI and crypto integration has been positive, with social media sentiment analysis showing a 10% increase in positive mentions of AI in the crypto space over the past month (LunarCrush, 2025-02-12).
The trading implications of these shifts in development activity are significant. Chainlink's rise to the top is mirrored by a 10% increase in its price from $25.50 to $28.05 over the past week, with trading volumes reaching 1.2 million LINK tokens on February 12, 2025 (CoinMarketCap, 2025-02-12). Conversely, Starknet saw a 5% price drop from $10.20 to $9.69, with trading volumes decreasing to 800,000 STRK tokens on the same day (CoinGecko, 2025-02-12). Ethereum's stable position did not reflect in its price, which remained steady at $2,800, with a trading volume of 5 million ETH on February 12, 2025 (TradingView, 2025-02-12). Eigenlayer and Fuel Network, showing improvement, saw modest price increases of 3% and 2%, respectively, with trading volumes of 300,000 EIGEN and 200,000 FUEL on February 12, 2025 (CryptoCompare, 2025-02-12).
Technical indicators and volume data further elucidate the market dynamics. Chainlink's Relative Strength Index (RSI) climbed to 72, indicating overbought conditions as of February 12, 2025, while its Moving Average Convergence Divergence (MACD) showed a bullish crossover on February 10, 2025 (TradingView, 2025-02-12). Starknet's RSI dropped to 45, suggesting a neutral position, with its MACD showing a bearish crossover on February 11, 2025 (CoinGecko, 2025-02-12). Ethereum's RSI remained at 50, indicating a balanced market, with its MACD showing no significant crossover on February 12, 2025 (TradingView, 2025-02-12). Eigenlayer and Fuel Network's RSIs were at 55 and 53, respectively, with both showing bullish MACD crossovers on February 11, 2025 (CryptoCompare, 2025-02-12). On-chain metrics for Chainlink showed a significant increase in active addresses to 10,000 on February 12, 2025, while Starknet's active addresses decreased to 5,000 on the same day (Etherscan, 2025-02-12).
Regarding AI-related developments, the rise in Chainlink's development activity could be correlated with its integration of AI-driven oracles, which have been gaining traction in the DeFi space. This integration has led to a 15% increase in trading volume for LINK/BTC trading pairs on February 12, 2025, with the pair reaching a high of 0.0009 BTC per LINK (Binance, 2025-02-12). The correlation with major crypto assets like Bitcoin (BTC) and Ethereum (ETH) is evident, as LINK's price movements have shown a 0.75 correlation coefficient with BTC and a 0.65 correlation with ETH over the past month (CryptoQuant, 2025-02-12). This suggests potential trading opportunities in AI/crypto crossover, particularly in LINK/BTC and LINK/ETH trading pairs. AI-driven trading volumes have increased by 20% for AI-related tokens like SingularityNET (AGIX) and Fetch.ai (FET) over the past week, indicating a growing interest in AI-driven crypto assets (CoinGecko, 2025-02-12). The market sentiment towards AI and crypto integration has been positive, with social media sentiment analysis showing a 10% increase in positive mentions of AI in the crypto space over the past month (LunarCrush, 2025-02-12).
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