Posted 1/31/2024, 4:18:45 PM
Ethereum and Blockchain Developer Interest Surges in 2023 Despite Crypto Bear Market
- Ethereum developer interest hit new highs in 2023 with 106.4 million SDK downloads, a 31% increase over 2022
- Solana, Polygon, Optimism and other blockchains also saw increased developer interest
- The Ethereum developer community has grown steadily over the past 5 years
- There was an overall increase in crypto developer activity in 2022 despite a decline in monthly active developers
- Bear markets are important for building - developers took advantage of lower asset prices to focus on building rather than trading/speculating