Electric Capital Developer Report: The Rise of Asia — Understanding the New Landscape of the 2024 Blockchain Developer Ecosystem
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Electric Capital Developer Report: The Rise of Asia — Understanding the New Landscape of the 2024 Blockchain Developer Ecosystem
Asia is the continent with the largest share of developers; North America has dropped from first to third place.
Navigating Web3 tides with focused insightsAuthor: Electric Capital
Introduction
This report, released by the prominent blockchain investment firm Electric Capital, provides a comprehensive analysis of the latest developments and trends in the geographic distribution of cryptocurrency developers. The report not only reveals significant shifts in the global landscape but also delves into multiple dimensions of developer activity.
According to the findings, Asia has surpassed North America to become the world's largest hub for cryptocurrency developers, while North America has dropped from first to third place—marking a notable shift in the industry's center of gravity.
In terms of developer share, Ethereum ranks as the leading ecosystem on every continent, with Solana coming second. Solana is the top choice for new developers—the first ecosystem since 2016 to attract more new developers than Ethereum.
This report holds significant reference value for cryptocurrency investors, blockchain developers, project teams, and researchers interested in industry development, helping them understand current dynamics and seize future opportunities.
For more real-time data on crypto developers, visit:
https://www.developerreport.com/
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