The world of cryptocurrencies is buzzing with excitement as artificial intelligence (AI) and big data projects gain traction.
In this context, Santiment, a leading cryptocurrency analytics platform, recently shared data highlighting the top performers in this space. The list, sorted by Daily Development Activity (DDA) rates over the past 30 days, reveals some intriguing contenders.
Top 5 AI and big data crypto by Daily Development Activity
First, Oasis Protocol (ROSE) takes the lead with an impressive DDA of 172.2. This confidential compute-focused blockchain platform aims to revolutionize open finance and foster a responsible data economy. Oasis Protocol sets itself apart by prioritizing data confidentiality in the AI and big data landscape.
Close behind is NEAR Protocol (NEAR), boasting a DDA of 158.67. NEAR Protocol offers a scalable and developer-friendly environment for building decentralized applications. Its focus on usability and efficiency makes it an attractive option for developers seeking to harness the power of AI and big data.
As observed, the Graph (GRT) secures the third spot with a DDA of 115.3. This indexing protocol plays a crucial role in organizing and accessing blockchain data. By making data easily accessible, The Graph facilitates the development of AI and big data applications on various blockchain networks.
Finally, Bittensor (TAO) and Golem (GLM) also make notable appearances on the list. Bittensor, with a DDA of 67.07, is a decentralized machine learning network that empowers developers to create and monetize AI applications. Meanwhile, Golem, with a DDA of 62, offers a decentralized marketplace for computing power, enabling users to rent out their unused resources.
Summer opportunity with AI and big data
These projects showcase the diverse applications of AI and big data within the cryptocurrency space. Oasis Protocol and Bittensor focus on privacy and machine learning, respectively, addressing key concerns and opportunities in these domains. NEAR Protocol and The Graph provide essential infrastructure for decentralized applications, facilitating the growth of AI and big data projects.
As the summer unfolds, these cryptocurrencies are worth keeping an eye on. Their strong development activity suggests ongoing innovation and potential for growth. However, investors should always consider their risk tolerance and conduct thorough research before making investment decisions.
The convergence of AI, big data, and blockchain technology holds immense promise. These projects, with their unique approaches and strong development activity, are at the forefront of this exciting intersection. As they continue to evolve and deliver on their visions, they have the potential to shape the future of decentralized applications and data-driven innovations.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
The post Top AI and big data cryptocurrencies to watch this summer appeared first on Finbold.