In crypto, price usually steals the spotlight. It’s the first thing most people look at when judging a project. But price doesn’t tell the whole story. Behind every successful network is a team of developers writing code, proposing upgrades, and building the future of the chain. If we really want to understand which projects are thriving, we need to look under the hood.
That’s exactly what the X account Kaspa Daily did in a recent post. Instead of comparing Kaspa and Litecoin by price or market cap alone, they took a different approach. They looked at developer activity – and more importantly, they normalized that activity by each project’s market cap. This gives us a clearer view of who’s building more, relative to their economic size.
A $6 billion project should naturally attract more developer attention than one worth $2 billion. So by dividing things like commits, contributors, and improvement proposals by market cap, we can see which project is making better use of its size. It’s a simple way to measure innovation per dollar.
When you look at the numbers through this lens, Kaspa stands out.
What you'll learn 👉
Kaspa vs. Litecoin – Developer Activity Per $1 Billion Market Cap
| Metric | Kaspa | Litecoin |
|---|---|---|
| Commits | 2,074 | 4,058 (mostly legacy) |
| Active Core Developers | 2.36 | 0.91 |
| Total Contributors | 12.2 | 3.8 |
| Improvement Proposals | 4.33 | 0.61 |
| GitHub Stars | 428 | 682 |
| Code Forks | 174 | 455 |
| Repository Watchers | 25.6 | 75.8 |
Litecoin leads in some of the more historical metrics, like total commits, stars, and forks. But those numbers are heavily influenced by its age and early popularity. Kaspa, despite being much newer, is leading where it counts today – in active development and community contributions.
Kaspa vs Litecoin: Measuring Developer Demand
— Kaspa Daily (@DailyKaspa) May 4, 2025
In crypto, price often gets all the attention, but behind every great project is a team of developers writing code, proposing upgrades, and building infrastructure. To really understand which networks are thriving, we need to look… pic.twitter.com/J9NznohStk
A Project That’s Still Building
Litecoin seems to be in a phase of maintenance. Its development is focused on staying aligned with Bitcoin, rather than pushing forward on new ideas. That’s not a bad thing – it’s just a different approach.
Kaspa, by contrast, is in a building phase. The team is actively rolling out major upgrades, like DAG optimization and throughput scaling. Its devs are proposing changes, writing new code, and shaping the protocol’s future. When you adjust for size, the pace is impressive.
This kind of normalized data gives us a new way to evaluate crypto projects. It moves the focus from just price and hype to actual developer energy. And in this view, Kaspa is clearly punching above its weight.
In a space that rewards innovation, that’s a signal worth paying attention to.
Read also: Kaspa (KAS) Price Prediction After the Crescendo Upgrade – How High Can It Go?
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