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    Home » Ethereum developer interest hit new all-time highs in 2023 despite a bear market
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    Ethereum developer interest hit new all-time highs in 2023 despite a bear market

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    Ethereum developer interest hit new all-time highs in 2023 despite a bear market
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    Solana, Polygon, Optimism and different blockchains additionally noticed elevated developer interest

    The international web3 developer house grew in 2023, in line with a new report, whatever the ongoing bear crypto market and regulatory headwinds in the U.S.

    It was particularly a residence run for Ethereum, some of the well-known layer-1 blockchains. The blockchain noticed software program developer package (SDK) installs improve 31% 12 months over 12 months to 106.4 million downloads in 2023, up from 81.4 million in 2022, in line with Alchemy’s Web3 Development Report for 2023.

    The whole Ethereum SDK installs have elevated consecutively over the previous 5 years, the report stated. The quantity included SDK packages like ethers, web3, hardhat, truffle, foundry, eth, alchemy-sdk, viem, userops and wagmi. In 2022, there was an general improve in developer exercise. A separate report by Electric Capital discovered that the variety of month-to-month lively crypto builders declined 25% final 12 months.

    “It’s been great to see confirmation of the cliché that bear markets are for building,” Jason Windawi, protocol specialist at Alchemy, informed Ztoog+. “During the depths [of the downturn] it was easy to wonder if that’s true; we knew it was, but it’s good to have this data to show that.”

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