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Home Blockchain

SOL Now Recognized as Top Ranking Blockchain for Active Developer Count

admincrypto by admincrypto
January 14, 2022
in Blockchain
SOL Now Recognized as Top Ranking Blockchain for Active Developer Count
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Urian B.
, Tech Times

14 January 2022, 04:01 pm

With the race of alternative blockchains getting hotter and hotter, Solana is leading when it comes to the number of active developers over the past seven days. With that, SOL won by a landslide, with ADA (second place) only ranking in less than half in terms of active developer count.

Number of Solana Developers Dominate the Space

The number of active developers refers closely to the number of projects being worked on a specific blockchain. With many developers flocking to Solana, the number of active developers over the last seven days, as per data from Jan. 14, Friday, has shown leading interest in the blockchain compared to its competitors.

As per Coin98 Analytics on Twitter, 14 different blockchains were compared in terms of their active developer count. The least amount of developers on a blockchain was for FTW, with just five active developers in the span of a week.

Quite surprisingly, Ethereum, the blockchain with the largest market cap in the group, only ranked third with just 45 active developers throughout the week. To put into contrast, Ethereum has a market cap of $392 billion while Solana has a market cap of just $46.7 billion.

Here are the Top Blockchains in Terms of Active Developers:

Solana

  • Cryptocurrency ticker: SOL
  • Total market cap: 46.7 billion USD
  • Average number of developers over the last seven days: 125 active developers

Cardano

  • Cryptocurrency ticker: ADA
  • Total market cap: 43.2 billion USD
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