According to new research from Electric Capital (ElectricCapital), the crypto developer scene has been in decline this year! What else did the research show? Read here -
Electric Capital’s mid-year crypto industry developer report revealed that there are 21,300 monthly active open-source developers as of June 1, 2023.
Another bullish statistic is that there are more active developers now than during the bull market peak two years ago.The declines have come in the wake of last year’s high-profile collapses, including Terra/Luna and FTX. However, old hands have stayed the course and continued to work on crypto projects, building through the bear market.
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