- Chainlink and Ethereum lead development charts with synchronized 2022–2023 surges, reflecting deep ecosystem growth and innovation.
- Chainlink’s rise from minimal GitHub activity to matching Ethereum underscores its evolution into a core blockchain infrastructure player.
- Sustained high development activity across both ecosystems signals ongoing innovation, market trust, and long-term project strength.
With price spikes and development growth, Santiment data shows that Chainlink and Ethereum have bucked the slow pace of the larger cryptocurrency industry. Chainlink had a 7.7% price increase on Tuesday, with Ethereum following closely behind with a 6.3% gain. These benefits are directly related to the development activity of the project.
Over the past 30 days, Chainlink ranked second in GitHub activity while Ethereum held eighth place. The correlation between high development levels and strong market performance is becoming increasingly evident. Besides, both projects continue to attract attention due to their consistent technological progress and leading developer ecosystems.
Historical Development Trends
Ethereum has maintained strong developer activity since mid-2016. The platform showed gradual increases up to late 2017. At that time, development activity spiked sharply, reaching a high of around 6,000. This increase aligned with the 2017 crypto bull market and expanding interest in smart contracts.
Source: Santiment
However, after the 2017 peak, Ethereum’s development levels dipped slightly. Activity remained consistent between 2,000 and 4,000 through 2018 and 2019. These levels still reflected steady growth during a market cooldown.
Chainlink entered the development chart in late 2017 with relatively low activity. Its presence grew steadily, especially during 2020 and 2021. While Ethereum held higher baseline levels, Chainlink showed accelerating momentum.
Explosive Growth in 2022–2023
The most dramatic rise occurred in 2022–2023. During this period, both Ethereum and Chainlink saw major surges in development. Chainlink’s metrics surpassed 6,000, reaching parity with Ethereum’s historical peak. Moreover, Ethereum’s activity also intensified, forming a parallel trajectory.
Hence, this synchronized development wave highlights increased innovation across both ecosystems. It also reflects broader ecosystem coordination and maturing infrastructure. The 2024–2025 data shows both platforms maintaining high development levels. These levels remain among the highest in their histories. This continued activity suggests sustained innovation and deeper market trust.
Strong Correlation with Price Performance
There is a clear connection between development growth and market strength. Chainlink has evolved from minimal presence to rivaling Ethereum’s development pace. Consequently, its transformation into a key infrastructure project now seems fully realized.
Moreover, Ethereum’s consistent updates reaffirm its dominant status in decentralized technology. Both platforms demonstrate how development metrics serve as early indicators of project strength. With high activity and solid fundamentals, Chainlink and Ethereum remain at the forefront of blockchain innovation.
