Active Contribution Across Solana, Bitcoin, And Ethereum Grow
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....
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The total monthly active developers measured hit a record high of more than 18,000 but Ethereum retains the largest number of them. The Ethereum ecosystem still has far more developers than rival networks, but they are catching up with a faster rate of growth.Ethereum competitors such as Polkadot, Solana, and Binance Smart Chain are growing faster in terms of development activity according to crypto research firm Electric Capital which released its findings on the blockchain development ecosystem in a new report on Jan. 6. It revealed that more than 4,000 monthly active open-source....
Over 50 market-ready projects have launched on Solana over the past month. The new capital infusion will help accelerate the growth and development of key projects. The Solana Foundation, the grants program behind the Solana high-performance blockchain, has inked partnerships with cryptocurrency exchanges OKEx and MXC to launch two strategic investment funds designed to fuel the ecosystem’s expansion. The two funds, which are collectively valued at $40 million, will help Solana bring more of its decentralized applications and protocols to market. Anatoly Yakovenko, president of the Solana....
After expanding beyond Ethereum to Solana, Maple Finance expects its Solana app to control $300 million worth of liquidity by the end of 2022. Crypto capital markets platform Maple Finance has expanded support to the Solana blockchain and has deployed a $45 million fund to spur ecosystem growth.Maple provides undercollateralized loans for institutional borrowers on Ethereum (ETH) and now Solana (SOL) from several pool delegates. The project stated in an Apr. 25 blog post that it has already “originated over $1.2 billion in loans and currently count over $900 million in TVL to the....
One developer, “0xIchigo,” behind Helius, a software company developing infrastructure for users to build on Solana, thinks Solana is winning the energy efficiency race. However, competing platforms, especially Ethereum, are here to stay. Ethereum Is Here To Stay, Solana Is Winning The Energy Efficiency Race Ethereum and Solana aim to serve the same user base, but the […]
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,....