Active Blockchain Developers Diminish; Fall of Crypto Matters By CoinEdition

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Active Blockchain Developers Diminish; Fall of Crypto Matters
  • The number of active blockchain developers decreased from 3,700 to 1,600.
  • The decline marks almost 60% from the beginning of this year.
  • The decrease in the number of developers along with the plummet in the price of major cryptocurrencies has resulted in the fall of the developers’ total strength.

Reportedly, the number of daily active developers of mainstream blockchains had a major decrease of almost 60% in 2022. While the number of active developers at the beginning of the year was 3,700, it dropped to nearly 1,600 at the year ending, as per the data by Token Terminal, a financial data platform.

The Chinese Reporter, Colin Wu, on his Twitter account Wu Blockchain, commented that the significant decline in active developers resulted from the depreciation in the number of Solana developers which diminished from 2,453 to 75, currently.

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