9 out of 10 multichain developers work on an EVM chain: Electric Capital

EVM compatible Chains stay THE network of choice For crypto developers, with 87% of all active multi-chain developers functioning on has less A EVM network, according to has new data.

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Ethereum Virtual Machine based (MVE) blockchain networks are THE most popular networks For the builders, with almost 9 out of ten multi-chain developers functioning on has less A EVM compatible chain, according to has A developer report Since Electric Capital.

In A expansive Jan. 17 report that look at has crypto development activity on THE last year, Electric Capital shed costs light on total developer activity For THE fourth quarter of 2023.

THE report find that "without surprise" EVM compatible Chains sharing THE vast majority of their developers with other EVM networks. In total 87% of multi-chain developers work on EVM compatible Chains, with Starket, Polygon (MATIC), Optimism (OP), And Arbitration (ARB) be witness THE most crossing.

EVM compatible networks are THE most popular For multi-chain developers. Source: Electric Capital.

EVM compatible blockchains are A band of networks that can run THE Ethereum Virtual Machine And execute clever contracts on Ethereum. These networks include THE love of Starknet, Tron (TRON), Binance BNB Chain (BNB), Arbitration, Optimism, And Polygon.

BNB Chain And Polygon witnessed THE most "cross-pollination" Since Ethereum multi-chain developers, with 37% of ETH multi-chain developers deployment coded on BNB while 35% deployed coded on Polygon.

While THE total number of monthly active developers through THE entire crypto ecosystem slipped 24% Since 29,611 has 22,411 In THE final quarter, THE has...