In terms of development activity, CoinGecko tracks several metrics, i.e., quantity of commits, forks and stars on GitHub as well as the quantity of code changes added by contributors.
Stellar development activity surges
As revealed by CoinGecko "Developer" metrics, Stellar (XLM) and Chainlink (LINK) are the only top-20 products among ten teams with the highest "Code Changes" indicator levels. However, Stellar (XLM) devs surpassed their competitors from Chainlink by almost 25%.
Along with that, during the past four weeks, Chainlink (LINK) software developers added 237 commits to the open-source code of their product compared to 132 commits made by Stellar (XLM) engineers.
One week ago, on Aug. 10, the Stellar team released new developer documentation and an upgraded glossary.
Besides hosting a number of technical AMAs, the Stellar (XLM) team also released detailed tutorials about account settings, transactions, smart contracts design and other subjects.
XLM is above moving averages, targets new local highs
Prominent cryptocurrencies analyst and trader Michael van de Poppe has outlined in a recent tweet that Stellar Lumens (XLM) managed to stay above the 50-day moving average (50MA), and even the 200-day moving average (200MA), in its trading pair with Bitcoin (BTC).
$XLM #STELLARLUMENS— Crypto Michaël (@CryptoMichNL) August 17, 2020
And we're holding the 100-Day and 200-Day MA after a retest.
HL made, HH made as well.
Looking for a new HH around 1400 sats.
Full analysis:https://t.co/OzpZ5cSuo7 pic.twitter.com/fVzFfXGwxb
According to the expert’s opinion, shared in a tweet, the next target for the XLMBTC pair may be around 1400 Satoshis.
As covered by CryptoComes, Stellar validators have recently shown no mercy to XRP-backed criticism. This is how the Stellar (XLM) community responded to a poisoned blog post by an XRP Army member. The skeptic had claimed inter alia that the Stellar Development Foundation has been incorporated in a shady manner.
Stellar operator Armajeddon, as a response, outlined that XRPL has no team and shows no signs of development progress.