TechFlow news, November 18 — According to data from Electric Capital, the number of developers in the crypto industry has shown an overall downward trend. As of July this year, Ethereum had 2,788 full-time developers, a 10% decline year-on-year. Among major public blockchains, only Base achieved a 14% year-on-year growth in full-time developers, reaching 889.
In terms of total developer counts, Solana and Scroll each saw a 14% year-on-year increase over the past year, while other major blockchains experienced varying degrees of decline. Polygon showed the most significant drop, with full-time developers down 26% year-on-year and total developers down 33%.
Analysis suggests that the loss of developers in the crypto sector over the past two years is primarily driven by the rapid advancement of the AI field—not merely a shift between blockchains—but rather an industry-wide talent drain challenge.
