Developers Are Fleeing Crypto: 40% Gone In Just One Year!
18h05 ▪
3
min read ▪ by
The activity of developers in Web3 has dropped by 40% in a year, signaling a crisis within the ecosystem. If this trend persists, innovation in the crypto space could suffer. More details in the following paragraphs!
Why has crypto developer activity dropped?
In March 2023, the crypto ecosystem had about 12,380 active developers per week. According to data from Artemis Terminal, this number currently stands at 7,600. This represents a decline of 38.6%, illustrating a silent exodus of crypto developers.
According to crypto analysts, the decrease in activity results…
