It is surprising how contributors still pile into the Ethereum blockchain network every month. Drawing from participants’ observations, the network saw about 2,000 contributors last month. These contributors are responsible for pushing updates for coding on GitHub. The codes are functions of different computer programs. Pile Into Popular Cryptocurrencies The bearish trend of the crypto market seems not to affect the number of contributors piling into popular cryptocurrencies. Some prominent examples of these digital currencies are Bitcoin, Ethereum, and Solana. Judging by the estimated rate of participating contributors to these top projects, the yearly increase is about 71.6%. This is dating from 4 years back, January 2018 precisely. This information came from the research carried out by Telstra Ventures on Tuesday. Based on the study, the project with the highest increase in monthly contributors was Solana. According to the research data, the growth rate was about 173% dating from January 1, 2018. Related Reading: Polygon, In Steady Bullish Trend, Could Jack Up MATIC To $1.5 While that is true for Solana, the first runner-up digital currency in this category is Ethereum. Drawing from the information in the research, ETH’s yearly rate of increasing monthly-active contributors is around 25.9%. Finally, Bitcoin comes in third place among the listed digital currencies. In addition, Bitcoin has a 17.1% annual increase...
