Weekly active crypto devs drops over 26% over the last 3 months
Blockchain developer activity is one of the most crucial metrics in measuring the success of a smart contract platform — one that lacks developers will struggle to grow. The crypto industry has seen more than a 26% reduction in weekly active developers over the last three months amid a prolonged market slump, the latest data shows. According to Blockchain data aggregator Artemis, the four leading smart contract platforms — Ethereum, Polkadot, Solana and Cosmos — experienced even higher drop-off, clocking 30.5%, 43.6%, 48.4% and 48.9%, respectively, reductions in developer activity over the last three months. Source: Artemis Interestingly, decentralized data storage protocol Interplanetary File System (IPFS) and blockchain network Internet Computer were among the few top smart contract platforms to have seen growth throughout this period, with increases of 206.6% and 21.7%, respectively. Blockchain developers are primarily responsible for designing blockchain architecture, maintaini...