Ethereum developer interest hit new all-time highs in 2023 despite a bear market | TechCrunch

Ethereum developer interest hit new all-time highs in 2023 despite a bear market | TechCrunch

[ad_1]

Solana, Polygon, Optimism, and other blockchains also saw increased developer interest.

The world wide web3 The developer space grew in 2023, according to a new report, regardless of the current bearish crypto market and regulatory hurdles in the US.

It was especially a home run for Ethereum, one of the most well-known layer 1 blockchains. Blockchain software developer kit (SDK) installations increased 31% year over year to 106.4 million downloads in 2023, up from 81.4 million in 2022, according to Alchemy’s. Web3 development report by 2023.

Total Ethereum SDK installations have increased consecutively over the past five years, according to the report. The number included SDK packages such as ethers, web3, hardhat, truffle, foundry, eth, alchemy-sdk, viem, userops and wagmi. In 2022, there was a general increase in the development activity. A seperation report by Electric Capital found that the number of Monthly active cryptocurrency developers decreased by 25% last year.

“It’s been great to see confirmation of the cliché that bear markets are for building,” Jason Windawi, protocol specialist at Alchemy, told TechCrunch+. “During the depths [of the downturn] it was easy to wonder if that was true; “We knew that was the case, but it’s good to have this data to prove it.”

[ad_2]

Leave a Comment

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *