Ethereum Adds 16,000 Developers This Year, Beating All Competitors

Electric Capital's numbers show Ethereum got 16,181 developers joining between January and September.

Quick overview

  • Ethereum attracted 16,181 new developers from January to September, far surpassing its competitors.
  • The platform's success is attributed to its superior tools, active community, and significant upgrades like Proto-Danksharding.
  • Solana and Bitcoin follow with 11,534 and 7,494 new developers respectively, with Bitcoin's Layer-2 solutions sparking new interest.
  • Despite increasing competition, Ethereum maintains a substantial lead in developer engagement, crucial for the growth of its ecosystem.

Electric Capital’s numbers show Ethereum got 16,181 developers joining between January and September. The competition wasn’t even in the same ballpark.

Why does Ethereum keep winning the developer race? The platform has the best tools, an active community, and upgrades that matter. Proto-Danksharding is on the way, which will make Layer-2 solutions even better. Developers building decentralized apps and DeFi protocols still pick Ethereum first.

Solana landed at number two with 11,534 developers. Fast transactions and the ability to scale are what builders care about, and Solana’s got both covered. Bitcoin? 7,494 new developers. That one turned some heads.

Bitcoin’s normally seen as a savings account, not a sandbox for developers. But Layer-2 solutions are changing that. Ordinals have also gotten developers interested in what you can do on Bitcoin beyond just holding it.

The total active developer count tells an even bigger story. Ethereum has 31,869 developers working on projects right now. Solana has 17,708. Bitcoin’s at 11,036. Polygon, Sui, BNB Chain, and Polkadot have solid numbers too, but they’re nowhere near Ethereum’s level.

Developer numbers matter more than most people realize. They’re the ones building everything. More developers means more projects, better tech, and actual reasons for people to use a blockchain. Ethereum’s still adding developers at this clip, which means the ecosystem has momentum.

Faster, cheaper blockchains keep trying to poach talent. Ethereum still wins. The distance between Ethereum and the rest? Not getting any smaller. For now, Ethereum is still the base layer for Web3.

Investors and institutions pay attention to where developers go because that’s where the action is. Money follows builders. When developers choose one chain over another, projects and opportunities tend to cluster there.

Can Ethereum keep this up? Competition is getting fiercer. Newer chains are spending big money to lure developers. But right now, the numbers don’t lie. Ethereum is still way ahead when it comes to attracting people who actually build things in crypto.

ABOUT THE AUTHOR See More
Sophia Cruz
Financial Writer - Asian & European Desks
Sophia is an experienced writer, reporter and newsdesk member, mostly on the financial sectors. For the past 5 years Sophia has covered a wide variety of topics such as the financial markets, economics, technology, fin-tech and trading. Sophia has been a part of the FX Leaders team since 2017 and works on producing valuable content and information for traders of all levels of experience.

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