Ethereum Researcher Count Soars by 2,100% in Five Years

IconCryptoNewsTerminal Staff30 Aug, 2024

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Ethereum Researcher Count Soars by 2,100% in Five Years

Ethereum (ETH) is experiencing a surge in research activity, with the number of researchers growing by an astounding 2,100% over the past five years. According to data from CoinTelegraph, the number of Ethereum researchers has skyrocketed from around 25 in Q1 2019 to approximately 550 in Q1 2024. This remarkable growth underscores the growing interest and momentum behind Ethereum, which boasts the largest community of active developers among all blockchains. The Ethereum Developer Report reveals an impressive 8,865 total developers, including 2,788 full-time contributors. Notably, Ethereum surpasses Coinbase's Layer 2 network, Base, which ranks second with 3,991 total developers. Ethereum's leadership in research and development positions it as a pioneer in the blockchain space. The influx of researchers bodes well for the future of Ethereum, as it attracts top talent and fosters innovation that will drive the platform's continued success.