Weekly active crypto devs drops over 26% over the last 3 months

Cointelegraph

Published Sep 08, 2022 10:08PM ET

Updated Sep 08, 2022 11:40PM ET

The crypto industry has seen more than a 26% reduction in weekly active developers over the last three months amid a prolonged market slump, the latest data shows.

According to Blockchain data aggregator Artemis, the four leading smart contract platforms — Ethereum, Polkadot, Solana, and Cosmos experienced even higher drop-off, clocking 30.5%, 43.6%, 48.4%, and 48.9% reductions in developer activity respectively over the last three months.

Source: Artemis

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