Solana Surpasses Ethereum as Top Ecosystem for New Developers in 2024: Report

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Solana Surpasses Ethereum as Top Ecosystem for New Developers in 2024: Report
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Electric Capital’s 2024 Developer Report has revealed that for the first time since 2016, Solana outpaced Ethereum as the leading blockchain ecosystem for attracting new developers.

This surge was fueled by strong participation from builders in Asia, where the network ranked as the number one platform for new programmers in India and number two in other major markets like the United States, the UK, Canada, and China.its community-driven ethos and focus on scalability for playing major roles in its expansion. In 2024, it captured more than 81% of all decentralized exchange trades, as well as 64% of NFT mint transactions across all chains.

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