Solana’s Developer Retention Rate Soars 50% In 3 Months: Report

Solana’s Developer Retention Rate Soars 50% In 3 Months: Report

The Solana developer ecosystem showed consistent growth over the last 12 months, the Solana Foundation said in its recent report. An average of 2500-3000 monthly active developers built on the Solana blockchain throughout 2023, data showed.
According to the report, Solana’s ecosystem has been in the pink of the health, maintaining a steady monthly active developer count over the past year. Furthermore, the Solana Foundation went on to claim that it was probably “underestimating” the number of active developers, as the measurement only took into account developers contributing to public repositories, and not those in private repositories.
Decoding Plight of Solana’s Developer Ecosystem
However, data provided by Electric Capital’s blockchain development tracker Developer Report tells a different story. As per the report, only 946 developers were building on Solana as of October last year. That’s less than half of the developer count of 2,634 reported in December 2022 — the

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