Developers in Latin America are notably interested in blockchain ecosystems such as Ethereum and Polygon. A new report highlights the reasons why these platforms are becoming preferred.
Trends in Technology Development
According to a report by consulting firm Sherlock Communications, developers in Latin America are increasingly opting for established blockchain ecosystems rather than creating their own base-layer protocols.
Reasons for Choosing Ethereum and Polygon
Developers favor Ethereum and Polygon due to their technical maturity and focus on addressing real-world problems. According to Luiz Eduardo Abreu Hadad, a blockchain researcher at Sherlock Communications, "Latin America has a growing and increasingly talented developer community. However, the current reality is that the region will serve as a hub for development and adoption within already established ecosystems – this led them to Ethereum and Polygon."
Other Popular Networks Among Developers
The report also notes that developers are interested in networks such as Arbitrum (ARB), Avalanche (AVAX), Optimism (OP), BNB, and Base, in addition to Ethereum and Polygon.
Thus, the preference of developers in Latin America for Ethereum and Polygon indicates significant blockchain technology development in the region and the establishment of a sustainable ecosystem for further growth.
