The number of researchers behind Ethereum development has surged by over 2,100% in the past five years, indicating positive growth for the second-largest blockchain network. Starting with just 25 researchers in Q1 2019, the team peaked at around 550 in Q1 2024. This growth was highlighted by Emre Caliskan in an Aug. 29 post. Despite a slight dip to 450 developers in Q2 2024, Ethereum's innovation remains strong. With 2,788 full-time developers and over 8,865 total developers as of July 1, Ethereum leads in monthly active developers. However, it saw a 10% decrease in yearly developers. In terms of contract deployers, Ethereum ranks sixth with 127,702 monthly deployers, while Base blockchain leads with over 862,000. Ether's price surged by over 1,200% in five years, reaching above $2,509. Analysts predict a potential rally to $3,000 by October. Read more AI-generated news on: https://app.chaingpt.org/news