#developer-activity

➤ Santiment's May 2026 report highlights Chainlink and Hedera as leading RWA projects by developer activity, indicating significant infrastructure and practical network development. ➤ Stellar and Avalanche follow as a second tier, while IOTA, OriginTrail, and Chia Network form a middle ground, with the bottom of the top 10 showing less intense development. ➤ The report emphasizes Chainlink's continued dominance in RWA infrastructure and Hedera's emergence as a strong contender for real asset tokenization networks.

➤ Solana's network activity is surging, with stablecoin transfers reaching $2 trillion per quarter and real-world assets (RWAs) increasing tenfold, indicating strong growth potential. ➤ Despite robust network usage and developer interest, the price of SOL remains under pressure, trading near $88 after failing to maintain key Fibonacci support levels. ➤ The article highlights Solana's low fees and fast processing as key drivers for attracting stablecoin and RWA activity, positioning it for future growth in the tokenized asset space.

➤ Solana is significantly outpacing Ethereum in on-chain transaction volume and developer growth, processing 125x more transactions in Q1. ➤ This surge in activity is supported by a substantial increase in stablecoin volume on Solana, reaching $1 trillion in recent months. ➤ Despite strong on-chain fundamentals, the SOL/ETH ratio has not yet reflected this growth, suggesting a potential long-term breakout opportunity.