Crypto Money Analysis Company centimeted, Bitcoin 
$113,866.70 Babylon, a new -based stake protocol, has been experiencing a significant increase in recent development studies. The Babylon project, which was put into operation in April, aims to solve some technical deficiencies of Bitcoin and to provide a safer and more programmable structure in the field of decentralized finance (defi). According to the data transferred by Santimement, the protocol is one of the prominent projects in the defi sector with its development activity on the GitHub platform.
Babylon’s goals and technical approach
The main purpose of the Babylon project was explained as reducing the delay, safety and programmability problems associated with Bitcoin. In particular, the team, which wants to provide solutions to these areas where Katman-2 projects are forced, aims to expand Bitcoin’s talents with the Stake protocol they have developed. Since the release of the protocol in April, the team has intensified its work on technical improvements and new features.
According to centimeter data, Babylon ranked third among the defi projects with its 155.73 remarkable GitHub developer event in the last 30 days. This active developer performance will support user trust and future innovations; Current metrics like many analysts in the sector Cryptoappsy It is also on the radar of users.
Development activity in defi sector
According to Santimement data, other projects with the most developer activity in the defi field are Deepbook Protocol and Chainlink 
$16.06 was. Deepbook Protocol is the second in the list with 236 developers. Deepbook uses the decentralized order book (CLOB) structure and enables the process of buyers and sellers in the crypto market.
Chainlink at the top of the list draws attention with its 274,67 developer activity. Chainlink operates as a decentralized data sickle network and continues to be in the first place in the developer activity in recent months. All of these projects aim to contribute to transparency, security and user experience in the defi sector.
Santimement’s data collection method and comments
The centimeter excludes routine updates when measuring development activity and uses a retrospectively tested method. The company’s approach argues that the developer activity can be an important indicator in terms of trust and potential innovations in projects.
Santiment: “Crypto projects with high development work can offer new features in the near future and the risk of fraud may be lower.”
In the analysis of Santimement, it is stated that active development projects are considered more innovative in the long term and can be seen as more stable projects for investors. However, it is reminded that a strict examination should be done before investing in any project.
Bitcoin -based new Stake protocol Babylon’s high development activity in a short time has increased the interest in the project. Both Babylon and other projects in the sector indicate that competition is strengthened in terms of security, ease of use and innovation in the defi ecosystem. The fact that investors follow the technical developments of the projects and decide on their decisions according to their own evaluations is frequently emphasized in the sector. Sustainable developments in defi projects are expected to be important for the general health of the ecosystem.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
