Electric Capital presented an annual report on the activity of cryptocurrency developers on open source projects. Key for 2024:

◽️cryptocurrency has become global, programmers are active in all time zones, but the development momentum has shifted beyond the United States;

◽️In terms of share, Asia is now the leading continent - every third coder lives there. India is also picking up the pace;

◽️there are a total of 23,613 monthly active developers in the cryptocurrency space, but the growth rate has slowed down this year;

◽️Ethereum remains the largest ecosystem, more than half of the activity occurs in second-layer networks;

◽️new developers chose Solana as the first blockchain to operate in 2024 (7625). Ethereum attracted 6244.

Electric Capital

Electric Capital is a venture capital firm specializing in investments in blockchain and cryptocurrency projects and companies. The firm was founded by Avichal Garg and Curtis Spencer and is known for its active participation in the cryptocurrency space and its support of innovative blockchain technologies.