{"id":144937,"date":"2024-12-16T15:00:34","date_gmt":"2024-12-16T13:00:34","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=144937"},"modified":"2024-12-16T02:16:03","modified_gmt":"2024-12-16T00:16:03","slug":"asia-leads-crypto-development-surge-outpacing-the-west","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/asia-leads-crypto-development-surge-outpacing-the-west\/","title":{"rendered":"Asia Leads Crypto Development Surge, Outpacing the West"},"content":{"rendered":"<p>According to Electric Capital\u2019s latest <strong><a href=\"https:\/\/www.developerreport.com\/\" rel=\"nofollow\">report<\/a><\/strong>, Asia accounted for 32% of global crypto developer activity in 2024. This marks a sharp increase from just 12% in 2015, while North America\u2019s share has dwindled from 43% to 24% during the same period.<\/p>\n<p>The report, which analyzed over 900 million code commits, highlights a major shift in the industry. The data shows India is a key player in this transformation, claiming 11.7% of the global share and positioning itself as the second-largest crypto developer nation after the United States. As a result, India has outpaced the rest of the world in attracting new developer talent since 2023.<\/p>\n<p>While the overall number of active crypto developers declined by 7% this year, the rise of seasoned developers continues. Developers with over two years of experience in the field now contribute to more than 70% of code commits.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-144935\" href=\"https:\/\/cryptodnes.bg\/en\/crypto-market-trends-in-2025-what-to-expect\/\" title=\"Crypto Market Trends in 2025 &#8211; What to Expect?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/3409-5d013d1ade058-240x170.\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Crypto Market Trends in 2025 &#8211; What to Expect?<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Meanwhile, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum<\/a> <\/strong>remains the dominant platform for developers, although <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/solana\/\">Solana<\/a> <\/strong>is rapidly gaining traction, especially among newcomers. In fact, by mid-2024, Solana had become the top choice for new developers, surpassing Ethereum in some regions.<\/p>\n<p>Emerging markets in Asia have contributed significantly to the influx of fresh development talent, with these areas now accounting for 41% of all new developers in 2024. This trend signals not only a geographic shift but also the maturation of the crypto industry, with emerging regions driving much of its growth and development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asia is quickly becoming the global hub for cryptocurrency development, outpacing other regions at an impressive rate.<\/p>\n","protected":false},"author":9,"featured_media":2094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[23,22],"tags":[424,271,266],"coin_category":[],"class_list":["post-144937","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","category-others","tag-crypto","tag-ethereum","tag-solana"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Asia Leads Crypto 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