The post Ethereum’s Developer Lead Widens As BNB, Polygon, Optimism And Arbitrum Trail appeared on BitcoinEthereumNews.com.

Ethereum still wears the crown when it comes to developer attention, and the numbers released this week make the lead hard to ignore. Santiment’s latest data shows that, over the past 30 days, the Ethereum ecosystem recorded roughly 2,903 development-activity events, about double the activity of its nearest rival, BNB Chain, which logged 1,471 events. Polygon, Optimism and Arbitrum round out the top five, with Polygon at about 1,282 events and Optimism and Arbitrum showing meaningful but smaller tallies. That gap is visible on Santiment’s ecosystem dashboard, where Ethereum’s line sits well above the pack: the chart doesn’t just reflect code commits and PRs, it captures the steady, behind-the-scenes work, bug fixes, protocol tweaks, tooling improvements, that tend to presage longer-term product rollouts and network improvements. Santiment and other on-chain analytics firms have long argued that developer activity is one of the best leading indicators of ecosystem health, because it points to continued investment in the protocol’s future. Market Outlook Traders are taking note of the divergence even as the market itself oscillates. Ethereum’s native token has been trading around $4,200 at the time of writing, a pullback from earlier September highs but still well above year-ago levels. Analysts watching price action say the short-term technical picture hangs on whether ETH can hold support in the $4,180–$4,200 range, a break below that could invite another bout of volatility, while a sustained hold would keep a run toward $4,600–$4,700 on the table. The market around the sector has been jittery: this week’s broader crypto sell-off liquidated roughly $1.5 billion of leveraged positions across the market, a reminder that even projects with healthy developer activity are not immune to macro-driven swings. Bitcoin and Ethereum both saw sharp moves during the liquidation wave, with ETH particularly sensitive as traders rotated exposure in and…

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Filed under: News - @ September 23, 2025 8:31 pm