**Ethereum Developer Surge: 2,100% Increase in Five Years**
Ethereum's developer community has seen a massive 2,100% growth over the past five years. Starting with just 25 researchers in early 2019, the number peaked at around 550 in early 2024. Despite a slight dip to 450 in the second quarter of 2024, Ethereum remains the top blockchain for monthly active developers, boasting 2,788 full-time and over 8,865 total developers as of July 1.
However, Ethereum faces competition. Coinbaseâs Base blockchain holds second place with 889 full-time developers and 3,991 total developers. Interestingly, Base leads in contract deployers, with over 862,000 monthly, while Ethereum ranks sixth with 127,702.
On the financial front, Ether (ETH) has surged over 1,200% in five years, from $168 in 2019 to above $2,509 today. Despite this growth, ETH struggles to break the $2,700 resistance level, with analysts predicting a potential rally above $3,000 by October.
