The latest news from Odaily Planet Daily📢, according to a new developer report released by Electric Capital, the total number of monthly active cryptocurrency developers in 2023 dropped 24% year-on-year😮, but those developers who have been engaged in the field for a long time have shown greater resilience than before💪 .

The report shows that the number of developers with more than two years of cryptocurrency development experience has reached a record high🎉, with an annual growth rate of 52% over the past five years. Developers who have been working in the crypto industry for at least a year increased by 16% year-on-year and accounted for 63% of all monthly active developers👏.

In addition, according to Electric Capital statistics, as of the fourth quarter of 2023, there are 3,300 developers developing on the Solana chain🚀. Solana’s monthly developer count has grown 10x since 2020, while its developer ecosystem has seen above-average growth rates of full-time developers (507%) and single-chain-focused developers (986%)🌟. This undoubtedly brings more optimistic expectations for the future development of Bitcoin!