According to the 2022 crypto developers report published by Electric Capital, the number of crypto developers has reached its peak in recent years.
About the Crypto Developers Report
The report, published by Electric Capital, is the result of processing 250 million codes from GitHub. Despite the problems in the crypto market, the report shows that the number of developers continues to rise.
There are currently 23343 active developers, the highest number since the beginning of crypto development. In the beginning, the number was 1164. The number of developers has increased about 21 times in 14 years.
The number of crypto developers has reached 10 thousand
The period when the number of developers started to rise significantly was between 2018-2019, the beginning of the previous bull market.
During this period, the number of developers reached 10 thousand. According to the crypto developers’ report, it is also possible to see that there has been an increase in blockchain ecosystems in the last seven years.
Novel Ecosystems
The ATH in the number of crypto developers occurred in 2022, at a time when the crypto market was at its lowest and most eventful. In addition, pioneering crypto projects like Bitcoin and Ethereum lagged behind ecosystems like Solana, NEAR, and Polygon in terms of the number of developers. Of the monthly active developers, 72% belong to new ecosystems outside the Ethereum and Bitcoin ecosystems. Solana, NEAR, and Polygon currently have more than 500 monthly active developers.
%s Comment