Weekly active crypto developers fall more than 26% in the last 3 months

Source: cointelegraph.com
Weekly active crypto developers fall more than 26% in the last 3 months

The crypto industry has seen a more than 26% reduction in weekly active developers over the past three months amid a prolonged market slump, the latest data shows.

According to blockchain data aggregator Artemis, the four leading smart contract platforms, Ethereum, Polkadot, Solana, and Cosmos, experienced an even bigger drop, recording reductions of 30.5%, 43.6%, 48.4%, and 48.9%, respectively, in developer activity over the past three months.

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