The post Crypto Development Activity Climbs, But Market Volumes Show Signs Of Weakness appeared on BitcoinEthereumNews.com.

Crypto projects report strong development but face sharp drops in daily trading volumes. iExec RLC, ICP, and Chainlink lead development despite price and volume declines. Sui and DeepBook Protocol record notable price gains amid broader market caution. According to new data, crypto projects have reported a surge in development activity over the past month. However, despite strong technical progress, daily trading volumes across the market declined, signalling cautious sentiment among investors. iExec RLC (RLC) recorded the highest growth activity score in the past 30 days, achieving 995.83 points. The token’s price increased by 0.75% to $1.258494. Nevertheless, RLC’s trading volume dropped 53.52% to $3.36 million. The project’s market capitalization now stands at $91.09 million, ranking it at 480 among crypto assets. Internet Computer (ICP) secured the second-highest development score at 838.43. Despite this, ICP’s price declined by 3.35% to $5.10. Trading volume also fell 32.66% to $53.69 million. ICP holds a market capitalization of $2.71 billion and ranks 69th in overall valuation. Chainlink (LINK) posted a growth activity score of 618.17. The asset’s price dropped 1.82% to $14.54, and its trading volume contracted by 33.36% to $255.93 million. LINK’s market capitalization stands at $9.55 billion, ranking it 29th in the crypto market. Starknet, Cardano, and Optimism Record Mixed Results Starknet (STRK) posted a 30-day development score of 407.87. With a 12.64% decline in trading volume to $24.45 million, STRK’s price fell by 3.93% to $0.0149284. Starknet’s current market cap is $433.71 million, ranking it at 193. Cardano (ADA) achieved a growth activity score of 344.4. ADA’s price fell 1.48% to $0.696756, while its trading volume declined sharply by 46.04% to $504.51 million. ADA holds a $24.59 billion market cap, maintaining 18th in the crypto rankings. Source: Santiment Optimism (OP) followed with a development score of 343. OP’s price dropped by…

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Filed under: News - @ April 28, 2025 2:20 am