The post Polygon Becomes the Third Largest Blockchain Network for Developer Activity in Asia and South America   appeared on BitcoinEthereumNews.com.

The cryptocurrency industry continues to experience a significant evolution, fueled by a geographical change in developer activity and the emergence of new blockchain ecosystems. Electric Capital recently released an annual developer report that disclosed crypto developers’ outlook worldwide. The report acknowledged that seasoned developers, those with more than two years of experience, have increased significantly. Currently, they are creating 70% of code contributions across prominent blockchain platforms.  However, fresh talents also work in the industry and interact with experienced developers. This highlights that the crypto industry is set for a future where innovation is strongly collaborative and global. As per the report, a whopping 39,148 new developers explored the cryptocurrency industry in 2024. 1/ As one of the largest and top 3 fastest growing crypto ecosystems in Asia and South America, more and more devs continue to build on Polygon, year after year. Check out @ElectricCapital’s annual Developer Report to see how Polygon is leading the charge for EVM innovation 🧵 — Polygon (※,※) (@0xPolygon) December 19, 2024 Polygon is the 3rd largest blockchain in Asia and South America According to the report, SOL emerged as the most attractive protocol among new developers, beating ETH for the first time in history. As revealed by the report, 2024 is the first year since 2016 when a different protocol emerged and outpaced ETH as the most preferred protocol among developers. As stated by the report, 7,625 new developers chose Solana as their preferred blockchain ecosystem while 6,456 new developers favored Ethereum. However, Ethereum still remains the leading ecosystem for the development of decentralized applications overall. The data ranked Ethereum as the number one ecosystem by developer share on every continent. It went ahead and ranked Solana as the second largest blockchain ecosystem across all continents having experienced a growth of 83% year-to-year…

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Filed under: News - @ December 21, 2024 5:04 am