Crypto Developer Activity Plummets: Is the Industry Facing Long-Term Challenges?

A significant decline in the number of active cryptocurrency developers has raised concerns about the industry’s long-term sustainability. Data from Artemis Terminal shows a 40% drop in weekly developer activity over the past year, indicating decreased innovation and maintenance across various crypto protocols. The recent plunge is down to 7,290 active developers in the last week of March, dropping below 5,270 in December before recovering slightly in January.