Developer Growth
Despite a 7% YoY decline, a 39% annualized growth was seen since 2015, amounting to 23,613 monthly active developers
Established developers grew by 27% and now contribute 70% of code commits.
Global Trends
North America drops to 3rd, Asia leads in developer share
Despite loosing developers annually since 2015, the U.S. remains top (19% share)
India onboarded the most new developers; Africa saw a 6% increase.
New Developers
39,148 new developers explored crypto in 2024.
Solana overtook Ethereum as the top choice for new devs.
Internet Computer, Aptos, Bitcoin, NEAR, Polkadot, Starknet, and others also attracted significant new contributors.
Specializations
While Solana dominates NFT transactions (64%), Base leads in NFT minting (97% volume).
In DEX activity, Solana captures 81% of transactions, with Base ranking 2nd in trading wallets.
Multi-Chain Adoption
1 in 3 developers works on multiple chains, up from less than 10% in 2015.
Chains like Polygon, Internet Computer, Polkadot, and Base show regional dominance.
Ethereum and Liquid Restaking Tokens (LRTs)
LRTs brought $30B TVL to Ethereum’s mainnet, with EigenLayer driving a 130% growth in full-time developers.
Stablecoin Activity
Circulating supply hit $196B with $81B daily transactions, showcasing diverse global use cases.
Web3 continues to expand globally, with seasoned developers driving innovation and increasing multi-chain collaboration.
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