# 2024 Crypto Developer Report Source: https://www.developerreport.com/developer-report Kiwi News: https://news.kiwistand.com/stories/2024-Crypto-Developer-Report?index=0x675b59ab039b0d65afbe706a925142329c8f06ab5a92c94cd34778f4fc367a515e2aec7d Submitted by pedrovilela.eth on 2024-12-12 UTC, 9 upvotes, 1 comment ## Summary Electric Capital's 2024 Crypto Developer Report, part of its annual series from 2018 to 2024, analyzed 902 million code commits across 1.7 million repositories. Total developers declined 7% in 2024, but established developers with at least two years of tenure reached all-time highs, growing 27% year-over-year and committing 70% of all code. The report also found that 1 in 3 crypto developers worked on multiple chains. ## Article Analysis From 2018 to 2024, Electric Capital published annual developer reports providing comprehensive analysis of open-source crypto developer activity. With Open Dev Data now publicly available, these historical reports remain valuable resources for understanding how the crypto developer ecosystem has evolved over time. Analyzed 902 million code commits across 1.7 million repositories. Crypto developer and user activity is more global and more cross-chain than ever, with 1 in 3 crypto developers working on multiple chains. Total developers declined 7% in 2024, but established developers (2+ years tenure) reached all-time highs, growing 27% year-over-year and committing 70% of all code. View 2024 Report 2023 Developer Report Analyzed 485 million code commits across 818K repositories. While developers overall were down 24%, the most valuable segment of developers (2+ year tenure who contribute the most code) continued to steadily grow at 52% annualized over the past 5 years, and crypto became clearly multi-chain with 30% of developers supporting more than one chain. View 2023 Report 2022 Developer Report Analyzed 471,000+ monthly code commits toward open-source crypto projects. Crypto developers grew 5% year-over-year despite a 70%+ decline in prices, with monthly developers increasing 297% since 2018 and full-time developers contributing 76% of all code commits. View 2022 Report 2021 Developer Report Analyzed nearly 500K code repositories and 160 million code commits across Web3. Web3 developers reached all-time highs with 18,000+ monthly active developers and 34,000+ new developers joining in 2021—the highest in history—while several vibrant ecosystems emerged beyond Bitcoin and Ethereum. View 2021 Report 2020 Developer Report Analyzed 276,000+ code repositories and 89 million code commits. New monthly crypto developers grew 15% in 2020, increasing for the first time since 2017, with a notable flight to quality as high-quality ecosystems grew while developer activity outside the Top 200 ecosystems decreased by 30%. View 2020 Report 2019 Developer Report Analyzed 27,000+ code repositories and 22 million code commits. Despite market downturns in 2018, full-time developers increased 13% year-over-year in June 2019, consolidating around high network value projects, with Smart Contracts, Infrastructure, and DeFi ecosystems continuing to gain developers. View 2019 Report 2018 Developer Report Analyzed 20,000+ code repositories and 16 million code commits covering developer activity from January 2018 to February 2019. The number of developers working on public coins doubled in the last 2 years with 4,000+ developers per month contributing code, and developers continued to build despite an 80%+ market decline. View 2018 Report ## Comments **macbudkowski.eth**: Some stats I found interesting: > "Established developers with 2+ yrs of XP grew in 2024, and the newcomers fell" Seems like our developer retention is good. I guess we have fewer newcomers because many devs now go to AI. > "Asia is the #1 continent in crypto developer share" Didn't see it coming! Would be great to see more Asian crypto apps. Interestingly, Europe has a higher developer share than North America. > Polygon is #3 ecosystem by developer share in Asia and South America Didn't see it coming at all. I thought that's because they have a lot of devs in India but in India they're not even in top3 - Solana is the most popular ecosystem (!). > "Solana has almost the same developer share in Asia as Ethereum. Base has about 50% of the Solana's developer share in North America." Base growth is promising but Solana's growth in Asia is concerning. > On slide 41 they show which ecosystem has the most new devs. It's Solana. But they unbundled Ethereum into Ethereum and L2s separately. Would be interesting to see a stacked chart, taking into account Ethereum x L2s overlap when it comes to devs repos, as on slide 53 they say that Mainnet shares 12% of devs with other chains. > "Aptos and ICP had 1,000+ new devs in 2024" wtf I can't explain it > "Ethereum L2s monthly active devs fell -6% since Nov 2023" That's concerning. We are in the bull run, the number should go up?