The analytics platform Santiment analyzed developer activity in blockchain networks, highlighting overall declining trends.
Ethereum Developer Activity Metrics
Ethereum remains a leader in the blockchain space with 165.7K developer events, though its activity decreased by 11.8%. The number of event contributors fell by 2.54% to 1.7K.
Declining Development Activity Across Multiple Chains
Development activity on the BNB Chain decreased by 16.25% with 71.5K events, but contributor activity rose by 0.78% to 904. Polygon's activity decreased by 21.87%, while the contributor base grew by 0.86% to 704. Arbitrum recorded an 18.55% decrease to 58.2K, though contributors increased by 3.03% to 578. Optimism faced a 15.32% decline in active development with 56.5K events while contributors increased by 0.39% to 504.
Mixed Trends in Solana, Harmony, and Polkadot
Solana's activity decreased by 17.37% to 39.9K events, with a contributor increase of 2.63% to 429. Harmony experienced a 24.93% drop in activity with 38.7K events, and contributors decreased by 2.62% to 371. Polkadot's activity declined by 14.9% with 33.1K events, while the contributor count fell by 1.52% to 323.
Despite the overall decline in development activities across blockchain networks, developer interest in specific projects remains strong, emphasizing the significance of these ecosystems.
