Ethereum

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<p>The tug of war between Solana and Ethereum is intensifying, and neither competitor seems ready to back down. While Solana continues to showcase its potential as a serious rival with an aggressive strategy, Ethereum maintains its position as the undisputed leader of the sector. But behind this rivalry lies a surprising trend: in 2024, Solana attracted more new crypto developers than Ethereum, marking a historic turning point in the blockchain universe.</p>
<h2 id="h-solana-vs-ethereum-a-race-for-developers">Solana vs Ethereum: a race for developers</h2>
<p>The <a href="https://www.cointribune.com/tag/solana-sol/" target="_blank" rel="noopener noreferrer nofollow">Solana news</a>: in 2024, the Solana blockchain attracted no less than <strong>7,625 new developers</strong>, surpassing Ethereum for the first time since 2016. With a <strong>83% increase</strong> in its new recruits, Solana capitalized on <strong>its strengths</strong>: low fees and unbeatable transaction speed.</p>
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<p>Meanwhile, Ethereum saw its number of monthly active developers <strong>drop by 17%, stabilizing at 6,244</strong>.</p>
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<p>Despite this decline, Ethereum remains the blockchain with the largest number of developers in the world. A large portion of this activity comes from layer 2 solutions, such as Optimism and Arbitrum, which account for 56% of Ethereum developers.</p>
<p>Maria Shen, partner at Electric Capital, <a href="https://www.coindesk.com/tech/2024/12/12/solana-was-the-biggest-draw-for-new-crypto-developers-in-2024-electric-capital" target="_blank" rel="noopener noreferrer nofollow">highlights</a>:</p>
<p>« <em>Ethereum thrives due to its deep network effects, and the data confirms it</em> ».</p>
<p><strong>Some significant figures from 2024</strong>:</p>
<ul>
 <li>Solana: +1,000 developers more than Ethereum.</li>
 <li>Record increase of 167% for Eigenlayer, an innovative project on Ethereum.</li>
 <li>Moderate decline of full-time developers on Ethereum (-4%).</li>
</ul> 
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<p>If Solana continues to make giant strides, Ethereum remains a behemoth that even its most ambitious rivals struggle to dislodge.</p>
<h2 id="h-crypto-and-blockchain-an-increasingly-global-landscape">Crypto and blockchain: an increasingly global landscape</h2>
<p>Beyond this rivalry, the <a href="https://www.developerreport.com/developer-report" target="_blank" rel="noopener noreferrer nofollow">Electric Capital report</a> reveals <strong>a global transformation</strong> in the crypto developer sector. Asia surpassed North America in 2024, becoming <strong>the primary hub for blockchain talent</strong>. With India accounting for 17% of new developers, the Asian continent perfectly illustrates this reshuffling of the deck.</p>
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   Solana, 1st ecosystem in India – Source: Electric Capital
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<p>In the <strong>United States</strong>, however, not all is lost: the country still retains <strong>19% of the total active crypto developers</strong>. However, Maria Shen notes that « <em>crypto is designed to be borderless</em> », calling for greater global diversity.</p>
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<p>The rise of developers in Asia is partly based on <strong>a series of local initiatives</strong>: hackathons, technical training, and community support. This global expansion promises to make the blockchain ecosystem even more robust while enhancing the competition to <strong>attract the best talent</strong>.</p>
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<p>In this <a href="https://www.cointribune.com/en/solana-a-record-year-but-will-december-2024-live-up-to-its-promises/" target="_blank" rel="noopener noreferrer nofollow">record year for Solana</a>, 2024 will be remembered as a crucial milestone. Yet, investors always want more. As December comes to a close, they closely scrutinize the developments of their favorite blockchain, ready to anticipate the next trends.</p>

Crypto: Solana Outpaces Ethereum In The Talent Race

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