Electric Capital’s annual crypto developer report details how Solana overtook Ethereum as the top chain for new devs, Asia emerged as the leading region for crypto builders, and more.
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The 2024 Developer Report from Electric Capital reveals many shifting dynamics. For starters, for the first time in eight years, Ethereum was not the top chain for new developers—Solana was. Meanwhile, Asia has emerged as the leading hub for crypto development, taking the top spot from North America, which dropped to third.
In this episode, General Partner Maria Shen explores how Ethereum's Layer 2 solutions are bolstering its position despite fierce competition, why the Bitcoin developer ecosystem remains steadfast, and how emerging projects like EigenLayer are capturing builders’ attention.
She also delves into the top crypto technologies that are fascinating devs, and how their usage and development activity differ across the globe.
Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com
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Guest
⭐️Maria Shen, General Partner at Electric Capital
Timestamps:
00:00 Intro
02:02 Key findings from Electric Capital’s Developer Report
08:28 Could a friendlier U.S. regulatory environment reverse the developer migration?
12:54 How Ethereum could stay dominant amid rising competition from Solana
17:48 Insights from the Bitcoin developer ecosystem
21:33 Emerging smaller ecosystems gaining traction
23:41 The steady growth in ZK contract usage
27:39 Why NFT minting activity is at an all-time high
32:31 How stablecoin usage varies across tokens, chains and countries
36:22 News Recap
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#bitcoin #ethereum #crypto #cryptocurrencies
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