Blockchain Developer Activity Decline By 40% Sparks Concern

The blockchain and cryptocurrency industry is experiencing a sharp drop in developer activity. Developers are important in building and maintaining the decentralized applications (Dapps), platforms, and networks that run the crypto space. This decline in developer participation has raised concerns in the crypto community. Many are worried about whether the industry can keep growing and come up with new innovative ideas in the future. Blockchain Developer Activity Has Dropped Sharply Data from Artemis Terminal shows that the number of weekly active crypto developers has dropped to 40% in just one year. In April 2024, about 12,000 developers were working in the crypto space. However, by March 2025, developer activity had fallen to just 7,290. The situation became more concerning in December 2024, when the number dropped below 5,300 before experiencing a slight recovery in January. This decline suggests that fewer people are working on new ideas and updates. If this continues, it could lead to slower growth and more issues across the industry. What’s Causing the Drop? Binji Pande, who works on the Ethereum-based Optimism network, thinks the drop in developer activity shows that the crypto industry is changing its focus. He says developers are getting less support and fewer rewards. More people now care about making quick money instead of building useful tools that last. In a recent X post , Pande said that crypto projects are now based on popular trends rather than real needs. This approach leads to weak results and fails to support long-term growth. Pande also addressed the challenges faced by developers working on innovative applications. He noted that many developers working on real and useful applications are not getting enough attention or funding. On the flip side, capital flows into projects designed for quick gains. He argued that this imbalance has created an unhealthy system where short-term excitement is more valued than long-term development. This has made on-chain experiences less engaging. It has also reduced how much people use decentralized apps. Top Ethereum developer Eric Conner reportedly left the community in January to explore the AI sector. Conner said he lost interest in Ethereum because leaders and the community no longer share the same values. A Call for Renewed Focus and Support In Crypto Industry Pande believes that the industry needs to support and fund developers so that they can focus on building complete, end-to-end products. He believes real adoption comes from building products people need and use, not just new tech or market trends. The Optimism contributor warned that the next big growth in crypto will not come from market hype or another bull market. Instead, it will come from real and useful blockchain activity that keeps people involved. The post Blockchain Developer Activity Decline By 40% Sparks Concern appeared first on TheCoinrise.com .

Source: The Coin Rise