Electric Capital reported that Ethereum monthly active developers increased from 1,084 in 2018 to 5,819 in 2022, a 5x increase.
Ethereum scaling solutions like Polygon, Arbitrum, Starknet, and Optimism also grew exponentially in developer activity.
Bitcoin saw a 3x increase in monthly active developers, from 372 in 2018 to 946 in 2022.
There are 23,343 monthly blockchain developers as of December 2022.
The number of full-time developers grew by 8% YoY. They make 76% of all code commits.
Ethereum (ETH) has seen a five-times increase in developers contributing to the open-source project in this crypto bear market compared to what it was in 2018.
According to a report by Electric Capital, the number of Ethereum monthly active developers increased from 1,084 in 2018 to 5,819 in 2022. Bitcoin monthly active developers also increased from 372 to 946.
The report also said there are 23,343 monthly blockchain developers as of December 2022. On top of that, open source-crypto project
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