The 6th annual report by Electric Capital highlights major changes in the crypto developer ecosystem. Here are the key points in simple terms:
📈 Impressive Numbers
902 million code commits analyzed
1.7 million repositories examined
23,613 monthly active developers
39% annual growth since 2015
🌏 Globalization is Accelerating
Asia now leads with the most developers (1/3 of all developers).
Europe is second.
North America has dropped from 1st to 3rd place since 2015.
The combined share of developers in the US and Europe has declined from 82% to a minority.
💡 Key Ecosystem Insights
A small decrease (-7%) in active developers this year.
However, 27% growth in experienced developers (2+ years).
Experienced developers account for 70% of code commits, signaling quality growth.
🔍 What’s Interesting
Geographical diversification shows ecosystem maturity.
Experienced developers staying and producing most of the code is a positive sign for project quality.
⚡️ Trends to Watch
How diversification affects project types.
The rise of new development hubs in Asia.
Changes in talent retention across the ecosystem.
Link: https://www.developerreport.com/developer-report?s=there-are-now-more-diverse-origins-for-new-evm-code