David Edwards
Ethereum continues to dominate blockchain development activity, registering 183.8K development events over the latest reporting period. Despite a marginal 0.89% uptick in activity, the network saw a 2.54% reduction in contributors, totaling approximately 1,700 developers. Ethereum’s consistent performance underscores its central role in the broader blockchain ecosystem, even as competing networks show signs of momentum.
Performance Among Leading Blockchain Platforms
BNB Chain recorded 75.6K development events, representing a sharp 9.45% decline in activity. Nonetheless, the platform experienced a slight 0.78% increase in its contributor base, reaching 904 developers. Polygon’s development volume fell by 10.35% to 72.5K events, although it recorded a modest contributor growth of 0.86%, reaching 704 developers.
Layer 2 Networks See Mixed Results
Ethereum Layer 2 networks, Arbitrum and Optimism, also experienced declines in developer events. Arbitrum’s activity dropped 7.62% to 63.1K events, while Optimism saw a 6.82% reduction to 58.6K events. However, both ecosystems expanded their contributor bases — Arbitrum by 3.03% and Optimism by 0.39% — highlighting growing interest from developers despite slower event metrics.
Mid-Tier Chains: Diverging Trajectories for Cosmos and Avalanche
Avalanche posted a notable 12.08% decline in development activity, ending the period with 48.7K events. Yet, the number of developers working on the platform rose 4.49% to 442. In contrast, Cosmos saw growth in both metrics, with development events rising 1.33% to 46.1K, despite a 5.45% decline in contributors to 416. Cosmos’ balanced upward trend in activity and market position signals strengthening ecosystem fundamentals.
Activity Drops Among Lower-Tier Projects
Solana recorded a 7.6% decrease in developer activity, totaling 42.9K events, though its developer base grew 2.63% to 429. Harmony experienced the steepest decline in development activity, falling 13.19% to 42.7K events, coupled with a 2.62% drop in contributors to 371. Polkadot closed the top 10 list with 34K developer events, an 8.04% decline, and a 0.91% reduction in developers, now numbering 325.
Despite declines, these ecosystems continue to maintain a significant presence in blockchain development, reinforcing their long-term relevance.
