Solana Surpasses Ethereum in New Developer Onboarding for 2024

Solana has become the leading blockchain for new developers in 2024, with an 83% increase in developer onboarding compared to last year. A report by venture capital firm Electric Capital found that 7,625 of 39,148 new developers this year headed to Solana, surpassing Ethereum, which onboarded 6,456 new developers. This marks the first time Solana has outpaced Ethereum in new developer adoption since 2016. The overall surge in new developers, up by 39% annually since Ethereum's 2015 launch, underscores the growing interest in blockchain innovation. Solana's rise to become the top choice for first-time developers reflects its user-friendly architecture, low transaction costs, and active community support, experts say. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io