Chainlink's development activity has grown since it announced the mainnet launch of its Cross-Chain Interoperability Protocol (CCIP) on Avalanche, Ethereum, Optimism and Polygon networks on 17 July.
, the product was introduced to address the connectivity challenge between blockchain networks. The web3 ecosystem “has become multi-chain, with the rise of layer-1 blockchains and layer-2 scaling solutions”.
Santiment’s development activity metric tracks the activity on a project’s public GitHub repositories. This metric is a good indicator of a project’s commitment to development and its likelihood of being an exit scam.Source: Santiment For example, LINK’s Chaikin Money Flow remained positioned above the zero line despite the price fall in the last week. At press time, the indicator returned a positive 0.13, suggesting that although LINK’s value has dawdled in the last few days, the market has continued to see capital inflow.
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