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Solana Named Most Popular Blockchain Among Beginner Developers

Solana Named Most Popular Blockchain Among Beginner Developers

HappyCoinNewsHappyCoinNews2024/12/13 21:22
By:HappyCoinNews

According to a report from analysts Electric Capital, 7 of the 625 new cryptocurrency developers used Solana as its first blockchain. For comparison, Ethereum Only 6 aspiring cryptocurrency creators were selected.

In July 2024 years Solana became the first ecosystem to attract more developers than Ethereum , — the analytical company’s report says.

The most popular blockchain Solana found itself in the Asian region, where the number of new Internet users grew by more than 20%.

According to analysts at Electric Capital, the number of aspiring developers from India who chose the network Solana increased to 17%, previously they preferred Ethereum or Base. Growth in this indicator is observed in China and Nigeria, while in the US analysts noted a 3% decline.

Developers from Europe, North and South America most often choose Ethereum , through which 64% of transactions on operations with NFT . Blockchain also powers 81% of DEX transactions and leads in the number of unique trading wallets.

Cryptocurrency ETH remains dominant in many major countries, including the US, UK, China and Canada.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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