Weekly Active Crypto Developers Drop Over 26% in Last 3 Months

Blockchain developer activity is one of the most crucial indicators for measuring the success of a contract platform smart: one that lacks developers will struggle to grow.

The crypto industry has seen a reduction of more than 26% in the number of weekly active developers over the past three months amid a prolonged market crash, according to the latest data.

According to Blockchain data aggregator Artemis, the four major smart contract platforms - Ethereum, Polkadot, Solana and Cosmos - saw an even higher decline, registering 30.5%, 43.6%, respectively. 48.4% and 48.9% reduction in the number of developers. activity in the past three months.

Source : Artemis

Interestingly, the Interplanetary File System (IPFS) decentralized data storage protocol and the Internet Computer blockchain network have been among the few leading smart contract platforms to have experienced growth throughout this period, with increases of 206.6. % and 21.7%, respectively.

Blockchain developers are primarily responsible for designing blockchain architecture, maintaining and upgrading infrastructure, and creating smart contracts that power decentralized applications (DApps).

Blockchain developer activity is considered one of the most important metrics for the success of a smart contract platform, as one that lacks developers is likely to struggle to grow.

Crypto researcher and founder of Tascha Labs, Tascha Che, told her 173,700 Twitter followers on Thursday that she didn't think the trend was of great concern, as the drop was attributed to the release of " builders of tourists" and "tourists". investors", which will now allow legitimate builders "to have peace and quiet to do real work".

Developers active on all encryption protocols have dropped by 30% this year.

Tourism builders go with tourism investors.

Finally, the industry has some...