REPORT | Solana Had the Second Largest Ecosystem of Total Monthly Active Developers in 2023 After Ethereum (2024)

The Solana developer ecosystem boasts more than 2,500 monthly active developers engaged in open-source repositories, Solana said in a report.

Solana’s native token SOL has surged by over 700% since reaching its market low at the end of 2022, with activity driven by dedicated developers working on interesting projects across the ecosystem. This drew the interest of Vitalik Buterin, founder of Ethereum.

Some smart people tell me there is an earnest smart developer community in Solana, and now that the awful opportunistic money people have been washed out, the chain has a bright future.

Hard for me to tell from outside, but I hope the community gets its fair chance to thrive🦾🦾

— vitalik.eth (@VitalikButerin) December 29, 2022

According to Solana Foundation, there is a continual influx of professional developers joining the ecosystem, and the developer environment is progressively maturing.

According to the report:

REPORT | Solana Had the Second Largest Ecosystem of Total Monthly Active Developers in 2023 After Ethereum (1)

“This past year [2023], we have had a steady number of around 2500 – 3000 monthly active developers building on Solana throughout the year.

Moreover, throughout 2023, 3-month developer retention within the Solana ecosystem has increased from 31% to >50%, keeping more developers that join in the ecosystem.”

REPORT | Solana Had the Second Largest Ecosystem of Total Monthly Active Developers in 2023 After Ethereum (2)

Solana has actively cultivated a good experience for developers by making onboarding easier and providing assistive documentation and scaffolding, making joining the ecosystem a clearer choice for developers.

Despite its relatively recent establishment, with the Solana mainnet beta going live in March 2020, the developer ecosystem has rapidly expanded, positioning it as the second-largest ecosystem in terms of total monthly active developers.

“Through multiple developer bootcamps that vary in focus and difficulty, there are 400 -500 senior developers graduating every 6 months with the intention of building on Solana. Data from the recent Solana Hyperdrive Hackathon shows that ~50% of the top 150 submissions and ~50% of the winners had completed one of these bootcamps.”

– Solana Foundation

Over half of the developers entering the ecosystem possess a minimum of three years of experience, contributing to a more seasoned level of input in the development of applications on the network.

The Solana Foundation’s latest hackathon, HyperDrive, witnessed the participation of representatives from 151 countries. Among them, participants from 65 countries, including Nigeria, submitted final projects for consideration.

273 projects from Nigeria registered for the HyperDrive hackathon, with 41 submitting the projects while 2 are listed as winners.

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REPORT | Solana Had the Second Largest Ecosystem of Total Monthly Active Developers in 2023 After Ethereum (2024)

FAQs

REPORT | Solana Had the Second Largest Ecosystem of Total Monthly Active Developers in 2023 After Ethereum? ›

REPORT | Solana Had the Second Largest Ecosystem of Total Monthly Active Developers in 2023 After Ethereum. Over half of the developers entering the ecosystem possess a minimum of three years of experience, contributing to a more seasoned level of input in the development of applications on the network.

Which crypto ecosystem has the most developers? ›

Active Developer count is one of the key indicators reflecting the health and maturity of a blockchain ecosystem. More developers generally lead to more innovation, more security, and more trust in a crypto project. Ethereum and Layer-2 platforms built on top of it have the most Active Developers.

How many active developers are on Ethereum? ›

Ethereum stands out as the dominant player among EVM blockchains, boasting 7,864 monthly active developers, although this represents a 25% decline from the previous year.

How big is the ethereum ecosystem? ›

The Ethereum Ecosystem market cap today is $720.08B, which reflects a -0.07% daily change.

What is the most active blockchain by developers? ›

Which Blockchain Network Has the Highest Number of Developers?
EcosystemTotal developers, as of 31 December 2023One-year change
Ethereum (ETH)7,684-25%
Polygon (MATIC)2,800-36%
Polkadot (DOT)2,107-19%
Cosmos (ATOM)2,035-21%
6 more rows
Mar 9, 2024

Which crypto has the biggest ecosystem? ›

Here are the top 10 biggest blockchain ecosystems in 2023, ranked by TVL:
  • 1.Ethereum (ETH) - $145 billion. ...
  • 2.Tron (TRX) - $62 billion. ...
  • 3.Binance Smart Chain (BSC) - $52 billion. ...
  • 4.Arbitrum (ARB) - $39 billion. ...
  • 5.Solana (SOL) - $36 billion. ...
  • 6.Cardano (ADA) - $28 billion. ...
  • 7.Polygon (MATIC) - $26 billion.
Jul 13, 2023

What is the most active blockchain ecosystem? ›

Here are the top 10 popular and trending blockchain ecosystem protocols in 2024 that are shaping the decentralized future:
  • Ethereum 2.0 (Eth2): ...
  • Binance Smart Chain (BSC): ...
  • Solana: ...
  • Cardano (ADA): ...
  • Polkadot (DOT): ...
  • Avalanche (AVAX): ...
  • Tezos (XTZ): ...
  • Cosmos (ATOM):
Apr 22, 2024

What is the Ethereum developer ecosystem? ›

What is the Ethereum Ecosystem? Ethereum is a decentralized, open-source, and distributed peer-to-peer (P2P) network powered by blockchain technology. The Ethereum network launched in 2015, and it's the most significant blockchain for smart contract and decentralized application (dapp) development.

What is the complete ecosystem of Ethereum? ›

Ethereum is an entire ecosystem where everyone can build various distributed applications (Dapp), smart contracts and even own cryptocurrencies. All of these aim to be safe to use and reliable, and there is no need for middlemen such as banks or agencies.

How big is Ethereum developer community? ›

Ethereum dominance in the industry is also signalled by the number of developers using it, as the chain's monthly active developers count up to over 7,600 as of December 2023.

What is the number 1 blockchain? ›

List
NameDate createdNotes
BitcoinJanuary 3, 2009First and most well-known blockchain of all; BTC is the most valuable token in terms of market share.
LitecoinOct 8, 2011
PeercoinAug 19, 2012
PrimecoinJul 7, 2013Work is finding long Cunningham chains of prime numbers
47 more rows

Which blockchain is best for developers? ›

Conclusion. Choosing the right blockchain for development depends on your specific needs, such as scalability, security, and available development tools. Ethereum remains a popular choice for its extensive ecosystem, while platforms like Binance Smart Chain and Solana offer lower fees and higher performance.

What is the biggest blockchain developer community? ›

The Ethereum community is one of the largest blockchain communities in the world. It provides resources, forums and tools for developers interested in building applications on the Ethereum network.

Which crypto has the most builders? ›

Ethereum is currently leading the race with the highest number of total developers, at 5,758.

Which chain has the most developers? ›

1. Ethereum
Active Devs7,864
Total Repos113,103
Total Commits58,117,360
Mar 29, 2024

Which crypto has the most advanced technology? ›

Top 10 cryptocurrencies with the best technology
  • Solana (SOL) ...
  • Cosmos (ATOM) ...
  • Cardano (ADA) ...
  • Chainlink (LINK) ...
  • Ripple (XRP) ...
  • Thorchain (RUNE) ...
  • Monero (XMR) Monero is a privacy-focused cryptocurrency that employs advanced cryptographic techniques to ensure transaction anonymity. ...
  • Algorand (ALGO) Trade Algorand.
Aug 5, 2024

What is the most developed cryptocurrency? ›

Bitcoin is the original cryptocurrency and is still the most well-known. It was created in 2009 and is currently the largest cryptocurrency by market capitalization. Often seen as a way to store value, Bitcoin is seen by many as “digital gold.” It's considered a good investment with a long history of steady growth.

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