Solana’s 2023 developer report revealed the network has 2,500-3,000 monthly active developers. The network also retained over 50% of its developers last year, which is a notable victory in the Solana vs Ethereum war.
Solana developer retention rose from 31% to 50% in 2023. Over half of the developers attracted to Solana’s Hacker Houses had three years of experience or more.
Solana Network Projects Stoke War vs Ethereum
The team said improved developer onboarding and increased opportunities may have contributed to the increase in developer activity. Solana defines a developer as an entity that has made one commit to a public repository within three consecutive months after joining the community. The ecosystem claims to have the second-highest number of active developers after Ethereum.
Read more: What Is Solana (SOL)?
The increase in developer activity seems to dovetail with the rise in value on the network. Around $1.38 billion is currently locked in Solana’s decentralized finance ecosystem. Most of the value resides in Marinade Finance, a liquid staking protocol.
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Author: David Thomas
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