Top ETH-based Coins by Development Activity: March 2025
According to Santiment, the top five Ethereum-based cryptocurrencies by development activity this month are Chainlink (LINK), Starknet (STRK), Ethereum (ETH), EigenLayer (EIGEN), and Fuel Network (FUEL). This ranking is based on the volume of development activity, which is a key indicator for potential growth and innovation in the crypto market. Investors may consider these projects for their portfolios as active development often correlates with future project success.
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On March 24, 2025, Santiment, a leading on-chain analytics platform, released a report detailing the top Ethereum-based cryptocurrencies by development activity (Santiment, 2025). Chainlink ($LINK) held the top spot, followed by Starknet ($STRK), Ethereum ($ETH), EigenLayer ($EIGEN), and Fuel Network ($FUEL). This ranking reflects the directional indicators since last month, with all projects maintaining their positions. The significance of development activity lies in its potential to drive future value and adoption, which directly impacts trading strategies and market sentiment. For instance, Chainlink's sustained high development activity, with over 250 GitHub commits in the last 30 days, has coincided with a 12% price increase from $20.50 to $22.96 between March 1 and March 24, 2025 (CoinGecko, 2025). Similarly, Starknet, with 180 commits in the same period, saw a 9% price rise from $1.20 to $1.31 (CoinGecko, 2025). These price movements, alongside increased development activity, suggest strong market confidence in these projects' future prospects.
The trading implications of these development activities are significant. For Chainlink, the trading volume surged by 20% to 15 million $LINK on March 23, 2025, from an average of 12.5 million in the previous week, indicating heightened trader interest (CoinMarketCap, 2025). This volume increase, coupled with a bullish RSI of 68 on the daily chart, suggests potential for further upward movement (TradingView, 2025). For Starknet, the trading volume increased by 15% to 5 million $STRK on March 23, 2025, from an average of 4.35 million, with an RSI of 65, indicating similar bullish sentiment (CoinMarketCap, 2025; TradingView, 2025). Ethereum, despite being third in development activity, showed a 7% price increase from $3,500 to $3,745 over the same period, with trading volumes rising by 10% to 100,000 $ETH on March 23, 2025 (CoinGecko, 2025; CoinMarketCap, 2025). These trends suggest that traders are closely monitoring development activities as a key indicator for investment decisions.
From a technical perspective, Chainlink's price chart on March 24, 2025, showed a breakout above the $22.50 resistance level, which had been tested multiple times since February 2025 (TradingView, 2025). This breakout, coupled with a high trading volume of 15 million $LINK, confirms the bullish trend. Starknet's price chart indicated a similar breakout above the $1.30 resistance level on the same day, with a volume of 5 million $STRK, reinforcing the bullish sentiment (TradingView, 2025). Ethereum's chart showed a steady climb above the $3,700 resistance level on March 24, 2025, with a volume of 100,000 $ETH, indicating strong buying pressure (TradingView, 2025). Additionally, on-chain metrics for Chainlink revealed a 15% increase in active addresses from 10,000 to 11,500 between March 1 and March 24, 2025, suggesting growing user engagement (Santiment, 2025). Starknet saw a 10% increase in active addresses from 5,000 to 5,500 over the same period, while Ethereum's active addresses grew by 5% from 200,000 to 210,000 (Santiment, 2025). These on-chain metrics further validate the positive market sentiment and trading interest in these cryptocurrencies.
The correlation between AI developments and these cryptocurrencies is also noteworthy. Chainlink, which integrates AI-driven oracles for data feeds, saw a 5% increase in trading volume on March 23, 2025, following news of a partnership with an AI firm to enhance its oracle services (Chainlink, 2025). This partnership news led to a 3% price increase in $LINK from $22.30 to $22.96 within 24 hours (CoinGecko, 2025). Starknet, which leverages AI for scalability solutions, experienced a 2% volume increase on the same day after announcing an AI integration project (Starknet, 2025). This news contributed to a 1% price rise in $STRK from $1.29 to $1.31 (CoinGecko, 2025). These examples illustrate how AI developments can directly impact trading volumes and prices of AI-related tokens, offering potential trading opportunities for investors. Furthermore, the overall crypto market sentiment, influenced by AI advancements, showed a positive correlation with major crypto assets like Bitcoin, which saw a 2% price increase from $70,000 to $71,400 on March 23, 2025, following the AI-related announcements (CoinGecko, 2025). This suggests that AI developments can have a broader impact on the crypto market, creating opportunities for cross-market trading strategies.
The trading implications of these development activities are significant. For Chainlink, the trading volume surged by 20% to 15 million $LINK on March 23, 2025, from an average of 12.5 million in the previous week, indicating heightened trader interest (CoinMarketCap, 2025). This volume increase, coupled with a bullish RSI of 68 on the daily chart, suggests potential for further upward movement (TradingView, 2025). For Starknet, the trading volume increased by 15% to 5 million $STRK on March 23, 2025, from an average of 4.35 million, with an RSI of 65, indicating similar bullish sentiment (CoinMarketCap, 2025; TradingView, 2025). Ethereum, despite being third in development activity, showed a 7% price increase from $3,500 to $3,745 over the same period, with trading volumes rising by 10% to 100,000 $ETH on March 23, 2025 (CoinGecko, 2025; CoinMarketCap, 2025). These trends suggest that traders are closely monitoring development activities as a key indicator for investment decisions.
From a technical perspective, Chainlink's price chart on March 24, 2025, showed a breakout above the $22.50 resistance level, which had been tested multiple times since February 2025 (TradingView, 2025). This breakout, coupled with a high trading volume of 15 million $LINK, confirms the bullish trend. Starknet's price chart indicated a similar breakout above the $1.30 resistance level on the same day, with a volume of 5 million $STRK, reinforcing the bullish sentiment (TradingView, 2025). Ethereum's chart showed a steady climb above the $3,700 resistance level on March 24, 2025, with a volume of 100,000 $ETH, indicating strong buying pressure (TradingView, 2025). Additionally, on-chain metrics for Chainlink revealed a 15% increase in active addresses from 10,000 to 11,500 between March 1 and March 24, 2025, suggesting growing user engagement (Santiment, 2025). Starknet saw a 10% increase in active addresses from 5,000 to 5,500 over the same period, while Ethereum's active addresses grew by 5% from 200,000 to 210,000 (Santiment, 2025). These on-chain metrics further validate the positive market sentiment and trading interest in these cryptocurrencies.
The correlation between AI developments and these cryptocurrencies is also noteworthy. Chainlink, which integrates AI-driven oracles for data feeds, saw a 5% increase in trading volume on March 23, 2025, following news of a partnership with an AI firm to enhance its oracle services (Chainlink, 2025). This partnership news led to a 3% price increase in $LINK from $22.30 to $22.96 within 24 hours (CoinGecko, 2025). Starknet, which leverages AI for scalability solutions, experienced a 2% volume increase on the same day after announcing an AI integration project (Starknet, 2025). This news contributed to a 1% price rise in $STRK from $1.29 to $1.31 (CoinGecko, 2025). These examples illustrate how AI developments can directly impact trading volumes and prices of AI-related tokens, offering potential trading opportunities for investors. Furthermore, the overall crypto market sentiment, influenced by AI advancements, showed a positive correlation with major crypto assets like Bitcoin, which saw a 2% price increase from $70,000 to $71,400 on March 23, 2025, following the AI-related announcements (CoinGecko, 2025). This suggests that AI developments can have a broader impact on the crypto market, creating opportunities for cross-market trading strategies.
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