Polkadot [DOT] outperforms BTC, ADA, SOL, TRX in this category

Polkadot has outpaced a lot of its competitors when it comes to its development activities. Several system activities such as parachain lease auction besides new statemint upgrade have played a prominent role.

One explanation for the increase in developer activity might be the parachain auction, which will allow developers to construct new crypto assets and decentralized apps on top of the two sister blockchains — Polkadot and Kusama The increasing development activity has garnered the interest of some whales as well with DOT being one of the most used smart contracts among the top 4000 BSCThe good news, however, does not stop there, Polkadot has also been doing well on social media. Polkadot’s social mentions have increased by 11.86% and its social interactions have increased by 11.21% since last week.

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