2024

America

Solana

<ul class="wp-block-list">
 <li>Asia now holds 32% of global crypto dev activity, tripling its share since 2015.</li>  
 <li>India ranks second globally with 11.7% of crypto developer share in 2024.</li>  
 <li>Solana surpassed Ethereum, attracting 7,625 new devs versus Ethereum’s 6,456 in 2024.</li> 
</ul>  
<p>There have been changes in the geographical distribution of developer activity, and currently, Asia is leading the crypto-industrial revolution. Electric Capital’s 2024 <a href="https://www.developerreport.com/developer-report" target="_blank" rel="noopener noreferrer nofollow">Developer Report</a> stated that Asia had a 32% share of the global crypto developers’ activity, 12% in 2015. This kind of growth has not been witnessed in North America, where the share fell from 43% to 24% during the same period.</p>  
<p>India has been one of the key drivers of this change. It has 11.7% of the market share, which places it behind only the United States. This is a fascinating trajectory where new geographic territories actively engage and chart the path for creating cryptocurrency and <a href="https://cryptonewsland.com/quantum-computers-could-threaten-bitcoin-and-blockchain-security/" target="_blank" rel="noopener noreferrer nofollow">blockchain</a> solutions.</p>  
<h2 class="wp-block-heading" id="h-established-developers-and-platform-dynamics"><strong>Established Developers and Platform Dynamics</strong></h2>  
<p>Although the total number of crypto developers is down by 7%, the number of developers with over two years of experience has grown by 27%. These experienced developers have become involved with more than 70% of the code commit rates in various leading blockchain domains, showing their increasing power in the industry.</p>  
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<p>The report also indicates that new developers are changing their platform preferences. Although <a href="https://cryptonewsland.com/ethereum-sees-8-month-high-in-wallet-growth-as-price-nears-4000/" target="_blank" rel="noopener noreferrer nofollow">Ethereum</a> remains the most active network in total developer activity, Solana is attracting new talent, with 7,625 new developers, as opposed to Ethereum’s 6,456.&nbsp; Such a shift reflects a diversification of the ecosystem, though Internet Computer, Aptos, Base, Bitcoin, Sui, NEAR, Polkadot, and Polygon also witnessed intense new developer acquisitions.</p>  
<h2 class="wp-block-heading" id="h-future-of-crypto-development"><strong>Future of Crypto Development</strong></h2>  
<p>Development in the crypto space is progressing, with trends showing improvements in Asia, Africa, and South America. There is a trend toward increased technical expertise, and the influx of new talent from emerging markets also refers to less Westernisation of the industry.</p>  
<p>There are 21.32 million software developers worldwide, and 39,148 joined the industry in 2024 alone, indicating increasing talent despite the issue. This indicates a maturing market that is still interesting for software professionals worldwide, pointing towards a growing and strong international market for blockchain solutions.</p> 
<p>The post <a href="https://cryptonewsland.com/asia-surpasses-north-america-in-crypto-developer-activity-growth-in-2024/" rel="noopener noreferrer nofollow">Asia surpasses North America in crypto developer activity growth in 2024</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Asia surpasses North America in crypto developer activity growth in 2024

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