According to the latest data, Solana (SOL) has surpassed Ethereum as the top destination for new developers in 2024, ending Ethereum’s eight-year dominance in the space. A December 12 report by Electric Capital shows that Solana saw 7,625 new developers join its ecosystem this year, surpassing Ethereum’s 6,456.
The surge was driven largely by increased developer activity in Asia. Solana’s momentum began in July, when it officially outpaced Ethereum in onboarding new developers for the first time since 2016. This trend continued through the remainder of 2024, with Solana’s developer activity growing by 83% year over year.
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