The blockchain industry is witnessing a significant slowdown in line with the latest statistics. However, despite the notable decline over the past month, Ethereum, BNB Chain and Polygon are still in the lead. Block chains In terms of developer activity.
According to Santiment data, other leading names consider Optimism, Arbitrum, Avalanche, Solana, Cosmos, Harmony, and Cardano. The continued decline in this regard indicates a broader shift in dynamics.
Ethereum leads blockchains based on monthly developer activity despite falling 17.79%
Controlling the list of major blockchains based on developer activity throughout the month is Ethereum. However, regardless of assuming the main position, he has seen a significant decline. In particular, it saw a total of 50.6K developer activity events over the past 30 days, with a decrease of 17.79%. Additionally, due to the 3.53% decline, it saw 1.1K contributors to its developer activity event during this period.
Next, BNB Chain took second place as its developer activity events reached the 26.1K mark after a 16.58% decline. Meanwhile, a 2.49% decline reduced the number of contributors to the BNB Chain developer activity event to 588.
According to detailsPolygon is the third best blockchain when it comes to developer activity. IT developer activity events decreased by 16.07% this month, to 21.1K. In addition, its shareholders were reduced to 439 due to a 2.88% decline.
Next, Optimism’s developer activity events saw a 13.73% drop, to 17.5K, while the 349 participants showed a 1.69% drop during the month. In addition, resolution It recorded 16.9K events and 368 contributors this month, with declines of 16.63% and 1.34%.
Avalanche comes next with 16.6k events and 315 contributors, representing a decrease of 15.16% and 1.56%. Furthermore, Solana’s 16.5k, 352 contributor events indicate a decline of 16.58% and 6.63% over the month.
Cardano drops to 10th place with a 15.26% drop in developer activity
Moving on, Santiment’s list of blockchain in terms of developer activity includes Comost in eighth place. The blockchain saw 15.8K developer activity events and 299 contributors, down 9.31% and 0.9934% over 30 days.
After that, Harmony’s 13.8k, 280 contributor events represent a 14.34% and 2.44% decline. After all, Cardano is the last name on the list of blockchain networks according to developer activity this month. It witnessed 13.7 thousand events and 291 contributors, recording declines of 15.26% and 1.36%.
