Crypto Developer Activity Surges in Asia as Solana Support Grows: Electric Capital – BitRss – Crypto World News
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Crypto’s best minds are heading east, and it’s gaining at a pace that other regions are finding hard to catch up to.
Asia was responsible for 32% of global crypto developer activity in 2024, according to a report from venture firm Electric Capital. The firm recently published its comprehensive annual report, analyzing over 900 million code commits across the crypto industry.
The transformation represents a nearly threefold increase from Asia’s 12% share in 2015, while North America’s position declined from 43% to 24% during the same period.
We are delighted to release the 6th annual @ElectricCapital Developer Report!
We analyzed a record 902M code commits across 1.7M repos thanks to the 829 people who contributed to making this report since inception.
How did 2024 in crypto look in data?
Long thread below đđ˝ pic.twitter.com/vHzjWnThct
â maria đ¸ (@MariaShen) December 12, 2024
Notably, the report only tracks the geographic location of the code commits and repository data. Information about developers’ nationalities, citizenship, or other demographic indicators do not appear to be parameters in the study.
The study’s …
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