Despite a downturn in the cryptocurrency market, blockchain developer activity has continued to grow. A recent report by Santiment shows that development efforts in the top ten crypto ecosystems have increased by 11-26% in the past month. The Harmony network saw the highest increase in development activity at 26%, followed by Gnosis at 25%. Ethereum, despite being hit hard by the market downturn, experienced a 13% jump in development events. The BNB Chain, Polygon, Solana, and Cosmos also saw increases in developer activity. This growth in development comes as the total market capitalization of cryptocurrencies has decreased by almost 10%.
Content Editor ( cryptopotato.com )
- 2025-03-05
Santiment Reports Increased Developer Activity on Major Blockchains Amid Market Slump
