Posted 1/17/2024, 5:01:02 PM
Crypto developer landscape shifts amid market downturn
- Crypto developer count dropped 24% in 2023 after crypto market crashes, but experienced developers grew 33%
- U.S. share of crypto developers fell from 40% to 26% since 2018, while Asia/Africa/Latin America share grew from 18% to 36%
- 34% of developers now work across multiple blockchains, up from previous years
- Ethereum leads in developer count with 8,000+, but new chains like Polygon, Solana, BNB Chain, and Cosmos are growing
- Bitcoin now maintained by about 1,000 core developers, down from its highs, with new developer share falling to 2%