According to a recent crypto real estate developer result from the venture capital company Electric Capital, although the crypto price decreased by more than 70% in 2022, Bitcoin's monthly active real estate developers increased by 5% year-on-year.

The report also stated that the annual growth of full-time developers exceeded 8%. The report said:

"The growth of full-time developers is the most critical growth data signal, because they contributed 76% of the code submission."

In addition, 471000 codes are submitted to the open source system for encryption every month.

The study also shows that BTC's monthly active developers have increased threefold, from 372 to 946, and Ethereum's monthly active developers have increased fivefold, from 1084 to 5819. In addition, the number of developers of other networks such as Solana, Polkadot, Cosmos and Polygon has increased from 200 to more than 1000.

The Internet other than Bitcoin and Ethereum has become popular

With 1873 full-time developers, ETH is still a huge encryption ecosystemAccording to the information of Electric Capital, about 72% of the monthly active developers work outside the Bitcoin and Ethereum ecosystems.

Polygon, NEAR and Solana all increased by 40% year on year, with more than 500 active developers per month. In addition, Sui, Aptos, Starknet, Mina, Osmosis, Hedera, Optimism and Arbitrum increased by more than 50% over the same period, with more than 100 active real estate developers.

Since the "DeFi summer", the developers of the DeFi agreement have increased by 240% - 50% of which are outside of Ethereum. In addition, since 2021, there have been more than 900 active NFT real estate developers, an increase of 299%.

Since Electric Capital released its first developer report in August 2019, the total number of encryption developers has basically doubled.The report shows:

The killer application process built by developers will generate use value for end users, attract more customers and attract more developers.

The enterprise stated that the content of the 2022 report was 250 million code submissions, as well as the addition, modification and other changes to the encryption special open source project. The conclusion only considers the new encryption projects implemented in public projects, excluding the private new projects of encryption enterprises.