Polygon in Electric Capital Report

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Polygon in Electric Capital Report

The latest Electric Capital report focused on the developer activity in the crypto space till the year 2024. This report is based on data extracted from millions of code contribution made to blockchain platforms and include data from contributions of several hundreds of developers. It is very focused on topics such as trends within the various diverse developer communities, exciting projects within these communities, and ecosystem expansion.

Out of all the names mentioned in this report, Polygon definitely stands out. First, let’s discuss the results obtained more thoroughly.

  • Leading in Asia and South America Polygon ranks first for developer activity in Asia and is among the top three in South America. The fact that it is most active in these locations proves how it has developed relations with local developers. This makes Polygon to be ideal for developers across the globe.
  • Over 1,000 New DevelopersIn this year, over one thousand new developers flocked to Polygon. This growth is in line with indications of the ecosystem’s live-lihood as well as the desire that developers have for resources that the ecosystem presents as well as the flexibility required. Polygon is very much appreciated in the community due to its easy to use infrastructure.
  • Multichain Structure The report further comes out clearly to show that a third of developers act across multiple chains. Today it is possible to attend numerous platforms, and Polygon can be considered to be one of the most important ones in the given multichain environment. These developers are expected to coalesce into a more coherent community in the near future, thus providing a better basis for project execution across a variety of chains.
  • Among the Top Innovators Polygon is now listed among the three leading platforms to support creative projects and is preferred by developers. Such factors as being developed for developers and having a visionary perspective explain this success.

Polygon’s influence in the developer ecosystem is poised to grow even further, promising exciting developments for both its community and the broader blockchain space.

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