13 Dec 2024
48m

How Solana Beat Out Ethereum to Nab New Crypto Developers in 2024 - Ep. 749

Podcast cover

Unchained

In this episode of the Unchained podcast, the discussion centers around Electric Capital's 2024 Developer Report, which highlights a notable increase in crypto development despite earlier regulatory challenges. Asia has now taken the lead in developer numbers, outpacing North America. Solana has garnered the highest influx of new developers this year, while Ethereum continues to hold its ground with its Layer 2 solutions and valuable use cases. The NFT market has reached an all-time high, fueled by a variety of applications beyond just collectibles. Similarly, stablecoin usage has soared, particularly on Ethereum, showcasing a strong global impact with peak transaction activity during Asian and European business hours. Throughout the year, Bitcoin developer activity has remained robust and stable. Additionally, the field of zero-knowledge development is experiencing significant growth, especially in Asia.

Outlines

Sign in to continue reading, translating and more.

Open full episode in Podwise