CryptoMediaClub
Sunday, November 1, 2026
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Solana Just Overtook Ethereum in New Developer Signups — Biggest News Shift for Solana?

09.05.2026
A A
0
125
VIEWS
ShareShare

Solana now commands 23% of the global blockchain developer market share, up from 6% in 2020, a 45% year-over-year surge in active builders that no news would have predicted in 2022. This is bullish news for Solana.

Ethereum’s share has fallen to 31%, dropping below 35% for the first time since 2022 and erasing nearly five decades’ worth of dominance in under four years.

The story this data tells is structural: developer talent is consolidating around high-performance integrated chains, and the Layer 1 competitive landscape has fundamentally reset.

Source: Syndica

A new report from Syndica, tracking developer distribution across blockchain networks, confirms what the Ethereum ecosystem has been quietly absorbing for two years: its once-unassailable lead in builder mindshare is gone.

Discover: The best crypto to diversify your portfolio with

What the Developer Numbers Actually Show

The Electric Capital Report framing this shift puts Ethereum’s 2020 baseline at 82% of all active blockchain developers.

Today, that figure sits at 31%, a 51-percentage-point collapse over six years. Solana moved in the opposite direction across every measurable segment.

Professional developers: from 5% to 20%. Hobbyist developers: Solana now leads with 28% versus Ethereum’s 24%. New developers onboarded in 2025: Solana attracted 4,100 versus Ethereum’s 3,700.

Source: Syndica

By its fifth year of existence, Solana’s cumulative developer count exceeded Ethereum’s fifth-year count by approximately 50%. That is not noise. That is a compounding trajectory.

Among non-EVM networks, the SOL vs ETH comparison becomes even starker. Solana accounts for 60% of all weekly active developers in the non-EVM category, more than the next five competing chains combined.

Base has emerged as a credible third-place contender with 14% overall share, but it operates on Ethereum’s rails, which means it contributes to Ethereum ecosystem fragmentation as much as it adds to it.

The concentration of output within each network also reveals a structural difference. The top 1% of Ethereum developers produce 51% of the network’s total code.

On Solana, the top 1% accounts for 31%. Solana’s developer base is more distributed, more active on weekends (17% of total work), and less dependent on a small cohort of high-output insiders to keep the ecosystem moving.

Good news, Builders Are Choosing Solana over Ethereum

The mechanism is not complicated. Solana processed 25.3 billion transactions in Q1 2026, 125 times Ethereum’s volume over the same period.

When speed and cost efficiency are the primary variables for real-world financial applications, the math makes the decision.

Ben Nadareski, CEO and cofounder of Solstice, a DeFi protocol built on Solana, stated the case plainly: “The transactions are happening on Solana. Activity moved to where the cost and speed make sense.”

Ethereum’s pivot to a rollup-centric roadmap, the L2 dilution effect, has fragmented the developer experience across Base, Arbitrum, Optimism, and dozens of smaller chains.

Each L2 requires context-switching, separate tooling, and divided liquidity. Solana’s monolithic, integrated architecture keeps talent and capital focused on a single execution environment.

That is the integrated chain thesis, and the developer data confirms it is winning.

The hobbyist layer is doing real work. As Nadareski put it: “The hobbyist layer ships vault wrappers, yield aggregators, leveraged loops, and UX layers around primitives like eUSX or USDC. The legos pile up.” Institutional tooling is maturing in parallel.

“The custody side is integrating Solana faster than it integrated Ethereum five years ago because the institutional demand is louder and clearer,” Nadareski said.

The Solana Foundation’s recent infrastructure partnerships are accelerating that institutional onboarding curve. Developer growth alone does not flip a network’s institutional posture – but developer growth at this velocity, combined with custody integration and transaction volume dominance, does.

Discover: The best pre-launch token sales

The post Solana Just Overtook Ethereum in New Developer Signups — Biggest News Shift for Solana? appeared first on Cryptonews.

Share10Tweet6ShareSharePin2

Related Posts

Grok AI Predicts Wild Bitcoin Price Amid $6.3Bn Binance Hack
All news

Grok AI Predicts Wild Bitcoin Price Amid $6.3Bn Binance Hack

30.10.2026
0

Even as the largest exchange hack in history continues, Elon Musk’s Grok AI predicts something potentially historic could happen to...

Read moreDetails
CoinDepo Aligns Earn Rates With Asset Returns and Deposit Durations

CoinDepo Aligns Earn Rates With Asset Returns and Deposit Durations

30.10.2026
Binance Hack: Are Funds Safu? What We Know So Far About the Biggest Heist in Crypto History

Binance Hack: Are Funds Safu? What We Know So Far About the Biggest Heist in Crypto History

30.10.2026
Anthropic Claude AI Predicts an Unbelievable XRP Q4 Move

Anthropic Claude AI Predicts an Unbelievable XRP Q4 Move

30.10.2026
Elon Musk’s Grok AI Predicts an Insane Bitcoin Price for 2027

Elon Musk’s Grok AI Predicts an Insane Bitcoin Price for 2027

30.10.2026
Load More
Next Post
TON price doubles after Telegram made a move critics say cuts against crypto’s core promise

TON price doubles after Telegram made a move critics say cuts against crypto’s core promise

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Court Orders Ripple to Provide Financial Reports to SEC

Court Orders Ripple to Provide Financial Reports to SEC

3 years ago
How big is Bitcoin in Lugano? Decentralize with Cointelegraph goes to BTC school

How big is Bitcoin in Lugano? Decentralize with Cointelegraph goes to BTC school

3 years ago
Tether Provides End-to-End Solution for Crypto Payments

Tether Provides End-to-End Solution for Crypto Payments

2 years ago
MetaPlanet CEO Reveals Strategy-Style ‘MARS’ Plan to Supercharge Bitcoin Buying

MetaPlanet CEO Reveals Strategy-Style ‘MARS’ Plan to Supercharge Bitcoin Buying

11 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Why Ripple’s $16 trillion payment volume isn’t boosting XRP

Aave reopens frozen markets but blocks new collateral loans

Maple locks $280M in XRP collateral and upcoming maturity dates threaten liquidations

BOJ will more than double stock-fund sales from January

Binance gives 48-hour withdrawal target while Bitcoin deposits remain open

Lagarde to leave ECB with Europe’s tokenized-finance blueprint still undecided

Trending

Bitcoin’s recovery faces rising derivatives exposure and $643 million in ETF outflows
Analysis

Bitcoin’s recovery faces rising derivatives exposure and $643 million in ETF outflows

01.11.2026
0

Higher selected derivatives exposure and ETF redemptions leave the recovery facing a demand test before November 6...

Banks are owed $349B by private credit funds that may not be collecting cash from borrowers

Banks are owed $349B by private credit funds that may not be collecting cash from borrowers

31.10.2026
Bitcoin ETFs lose $643 million in a day, wiping out the week’s inflows

Bitcoin ETFs lose $643 million in a day, wiping out the week’s inflows

31.10.2026
Why Ripple’s $16 trillion payment volume isn’t boosting XRP

Why Ripple’s $16 trillion payment volume isn’t boosting XRP

31.10.2026
Aave reopens frozen markets but blocks new collateral loans

Aave reopens frozen markets but blocks new collateral loans

31.10.2026
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz