Robinhood Chain Climbs to No. 2 in Developer Activity, Behind Ethereum

Robinhood Chain has risen to second place in developer activity among public blockchains.

Odaily, a cryptocurrency news outlet, reported on July 17 that Robinhood Chain ranked second among all public blockchains, behind Ethereum.

Base ranked third, while Polygon and BNB Chain placed fourth and fifth, respectively.

An increase in developer activity is generally taken as a sign that application development and ecosystem building are accelerating on the network. As trading volume on Robinhood Chain, meme-coin issuance and volatility in related tokens have all increased recently, the rise in developer metrics suggests market interest is continuing.