Asia takes top spot for crypto developers, US declines
Asia now leads in blockchain and crypto developer talent globally, surpassing North America in developer market share as US share declines.
Asia has overtaken North America as the leader in cryptocurrency and blockchain development talent, a recent report showed.
Asia’s share of cryptocurrency developers grew to 32% in 2024, up from just 13% in 2015, making it the top region for developer talent in the field.
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Over the same period, North America’s share of developers was effectively cut in half, dropping to 24% from 44% in 2015, according to Electric Capital general partner Maria Shen, who wrote in an Oct. 30 X post:
The geographic distribution of crypto developers often signals the regions poised to drive future blockchain innovation. A growing developer base in any region is a positive indicator of mass adoption of blockchain technology, as it suggests an increase in blockchain-based consumer applications.
The US still leads in total crypto developers
Despite 81% of all blockchain developers now residing outside the United States, it still holds the highest number of developers globally.
Approximately 18.8% of all crypto developers are based in the US, followed by India at 11.8%, with the United Kingdom taking the third spot at 4.2%.
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