Contributors piling into Bitcoin, Ethereum, and Solana since 2018: Report
The Ethereum network continues to see the largest number of monthly-active contributors at around 2,000 as of July. Despite crypto market turbulence, active contributors across Bitcoin, Ethereum, and Solana’s top projects have increased by an average of 71.6% per year since January 2018, according to a new report.The findings come from an August 2 report sent to Cointelegraph by technology investment firm Telstra Ventures, which found that Solana had the most significant annual increase in monthly-active contributors, growing at a compound annual growth rate of 173% since January 1,....
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It is surprising how contributors still pile into the Ethereum blockchain network every month. Drawing from participants’ observations, the network saw about 2,000 contributors last month. These contributors are responsible for pushing updates for coding on GitHub. The codes are functions of different computer programs. Pile Into Popular Cryptocurrencies The bearish trend of the crypto market seems not to affect the number of contributors piling into popular cryptocurrencies. Some prominent examples of these digital currencies are Bitcoin, Ethereum, and Solana. Judging by the....
Solana's price can mimic Ethereum's impressive recovery after the 2018 bear market, analysts argue. Solana (SOL) still has room to fall in the near term, but SOL/USD can rally 5,000% if it follows in the footsteps of its top rival Ethereum. That Ethereum 2018 fractalSOL risks dropping to $15 on anticipations it would behave like Ethereum during the market crash in 2018.Notably, Ethereum's native token Ether (ETH) price fell to nearly $79 in December 2018 after undergoing a 95% correction earlier that year from its peak of $1,529. Afterward, it underwent a long recovery, rising nearly....
Recent news reported the constant increase of developers in some renowned digital currencies, especially Ethereum. The effect has increased the Web3 community strength and is looking to maintain this course in the long run. The news cited that the growth is a function of the participation of developers in the major ecosystems. According to the information from Telstra Ventures, the major digital currencies involved here are Bitcoin, Ethereum, and Solana. Telstra Ventures is a known investing arm of telecommunication in Australia. Related Reading: Has Bitcoin Price Found Support At A....
Institutional investors offloaded a significant amount of Bitcoin and Ethereum last week based on the outflows from crypto funds. Meanwhile, XRP and Solana stood out as they were among the few altcoins that recorded net inflows. Institutions Dump Bitcoin And Ethereum For XRP And Solana A CoinShares report revealed that Bitcoin and Ethereum funds experienced […]
In the ongoing bull market cycle, Solana’s price has showcased a remarkable performance, reaching a new all-time high earlier this year. However, one of the most recent developments around the leading altcoin that is gaining significant interest and attention in the current market cycle is a strategic SOL reserve. Institutional Demand For Solana Continues To […]