Solana is experiencing a major surge as new talent in Asia fuels crypto growth! ๐ According to a report by Electric Capital, Asia now accounts for 32% of global crypto developer activity, up from just 12% in 2015. ๐
India is emerging as a leader in crypto development, with more new developers coming from the country than any other since 2023. ๐ฎ๐ณ This shows Indiaโs importance in the global crypto ecosystem, with its contributions shaping the future of the industry.
Meanwhile, North Americaโs dominance in crypto is starting to decline, with its share of developer activity dropping from 43% in 2015 to 24% now. ๐ Despite a 7% decline in active developers this year, experienced developers have increased by 27%, accounting for over 70% of code commits in leading blockchain ecosystems. ๐ป
Solana is increasingly attracting new developers, competing closely with Ethereum, which remains the top platform. ๐ฅ In addition to Solana and Ethereum, other platforms like Internet Computer, Aptos, and Polygon have also seen a significant increase in new developers.
With over 39,000 new developers joining this year, it marks the beginning of a new era in blockchain development! ๐