ncrypt | web3 research

Solana Blockchain Becomes Most Popular Ecosystem for New Developers, Surpassing Ethereum for First Time in 8 Years

Solana Added 7,625 New Developers in 2024, While Ethereum Added 6,456

Solana Network Activity Increased by 83%, Thanks to Memcoin Popularity and Growing Network Fees

But Despite a 17% Decline in Overall Activity, Ethereum Remains the Largest Ecosystem with Over 6,000 Monthly Active Developers
Etherium Still Leads in Layer 2 Development, with Activity Up 64% Since 2021

Solana's rapid growth in developer activity is impressive, reflecting its increasing popularity and potential. Ethereum, as the largest ecosystem, continues to lead in certain aspects like Layer 2 development. Exciting times for blockchain innovation!