The Bitcoin and altcoin industry has witnessed a staggering decline in the number of blockchain developers. On the other hand, it marked a shift from years of steady growth. In September, the space is home to just 19,630 active developers. It also reached its lowest point since the end of 2020. However, Cardano stands out as an exception with an active and thriving developer community.
Remarkable developer activity of altcoin Cardano
The general trend shows a decline in the number of blockchain developers. However, the developer community of altcoin Cardano continues to evolve. In September alone, the project generated 572 contributions to the public GitHub repository. Accordingly, it has surpassed all other blockchain networks.
⚡️Top #Crypto Projects by Developer Activity in September
2 October 2023 #Cardano – 572#Polkadot – 501 #Chainlink – 388#Hedera – 358#Cosmos – 338#Aptos – 248#Avalanche – 242#IOTA – 219#Radix – 167#MultiversX – 162Data source: @Santimentfeed$ADA $DOT $LINK $HBAR… pic.twitter.com/gAEaED1NGG
— 🇺🇦 CryptoDep #StandWithUkraine 🇺🇦 (@Crypto_Dep) October 2, 2023
Determining the level of developer activity in various blockchain ecosystems can be approached in various ways. Metrics could include tracking the launch of new applications on different blockchain networks or assessing attendance at events and workshops related to specific technologies.
Activity levels
Santiment, a blockchain analysis firm, offers valuable comparative metrics based on GitHub repository activity associated with different altcoin projects. This platform looks at the number of unique participants in a given month. It also evaluates activity levels by taking into account the frequency of activities.
GitHub repositories serve as file repositories that contain all publicly available information about a particular software, including every instance of code updates known as “commits.” Additionally, various GitHub activities such as raising issues, creating pull requests, and commenting on others’ issues and requests indicate an active development community.
Cardano’s GitHub dominance
Altcoin Cardano’s development community has been showing significant activity in recent months. Accordingly, September is at the top of the leaderboard. With 572 GitHub events recorded in a single month, Cardano developers outperform their colleagues on similar projects. Cardano’s developer community remains vibrant. On the other hand, the broader landscape reveals a decline in blockchain developer activity.
https://twitter.com/twobitidiot/status/1709613434029982030
The latest data shared by Messari CEO Ryan Selkis is noteworthy. Accordingly, the number of active blockchain developers dropped to 19,630 in September. In particular, 2023 was the first year of recorded decline in active developers. Accordingly, an annual decrease of 22% was reported as of June 1, 2023. This trend covers almost all major crypto projects. When we look at Kriptokoin.com, the crypto space is witnessing a general decline in the number of developers. Altcoin Cardano, on the other hand, shines as an exception with its active and engaged developer community. This showcases the project’s flexibility and commitment to advancing the ever-evolving blockchain landscape.
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