@binji: Developer activity signals crypto's critical moment

Wow, that looks bad.

Wondering how much of this activity was just grants/airdrop farming. I once mentioned rising number of Solana devs in Asia to one guy who's been in the weeds, and he said that many people just did ChatGPT-fueled PRs to farm airdrops and retro grants. On the other hand, even if some of the previous growth was a result such activity, -50% should raise concerns and get people to evaluate what is going on.