Crypto developer activity returns to 2018 levels, Ethereum retains a significant share of innovation
The post Crypto developer activity returns to 2018 levels, Ethereum retains a significant share of innovation appeared on BitcoinEthereumNews.com. Crypto developer activity has slowed down to levels not seen since 2018, despite the constant project launches. Activity, as measured by GitHub commits, is lower across the board, while Ethereum retains a 40% share of new code deliveries. Crypto projects are slowing down their open-source activity. Developer activity has returned to levels not seen since 2018, based on open-source repository commits. Open-source activity peaked in August 2023, at 176K weekly commits. The Ethereum ecosystem is responsible for around 40% of all additions, with 28.7K in weekly commits. At its peak, the Ethereum ecosystem produced 93.2K commits. Developer activity and the number of core developers is seen as a proxy for the health of the ecosystem, and of adding real work against the price of tokens or VC funding. For some projects, activity can temporarily pick up, due to minor commits or additions. The other reason may be that the main Web3 and DeFi infrastructure is mostly set in place, and projects are simply launching forks of the most widely used apps. On-chain activity is also slowing down, mostly due to missing incentives. Users mostly chase liquidity and use the top apps, with demand slowing down for Web3 gaming. The end of airdrops also removes users from some projects. Ethereum still ahead of Solana in terms of code commits Ethereum is still ahead in terms of core developers and commits compared to Solana. The L1 chain is trying to work out scalability issues, and has always kept a broad team of developers. The Ethereum network still has around 200 active developers, expanding in Q1, 2025. Solana saw a constant outflow of core developers, and is down to 50 in the week of May 5. Solana also achieves under 100 weekly commits, with a noted slowdown in the past months. Ethereum still keeps…
The post Crypto developer activity returns to 2018 levels, Ethereum retains a significant share of innovation appeared on BitcoinEthereumNews.com.
Crypto developer activity has slowed down to levels not seen since 2018, despite the constant project launches. Activity, as measured by GitHub commits, is lower across the board, while Ethereum retains a 40% share of new code deliveries. Crypto projects are slowing down their open-source activity. Developer activity has returned to levels not seen since 2018, based on open-source repository commits. Open-source activity peaked in August 2023, at 176K weekly commits. The Ethereum ecosystem is responsible for around 40% of all additions, with 28.7K in weekly commits. At its peak, the Ethereum ecosystem produced 93.2K commits. Developer activity and the number of core developers is seen as a proxy for the health of the ecosystem, and of adding real work against the price of tokens or VC funding. For some projects, activity can temporarily pick up, due to minor commits or additions. The other reason may be that the main Web3 and DeFi infrastructure is mostly set in place, and projects are simply launching forks of the most widely used apps. On-chain activity is also slowing down, mostly due to missing incentives. Users mostly chase liquidity and use the top apps, with demand slowing down for Web3 gaming. The end of airdrops also removes users from some projects. Ethereum still ahead of Solana in terms of code commits Ethereum is still ahead in terms of core developers and commits compared to Solana. The L1 chain is trying to work out scalability issues, and has always kept a broad team of developers. The Ethereum network still has around 200 active developers, expanding in Q1, 2025. Solana saw a constant outflow of core developers, and is down to 50 in the week of May 5. Solana also achieves under 100 weekly commits, with a noted slowdown in the past months. Ethereum still keeps…
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