The 2024 Developer Report from Electric Capital reveals many shifting dynamics. For starters, for the first time in eight years, Ethereum was not the top chain for new developers—Solana was. Meanwhile, Asia has emerged as the leading hub for crypto development, taking the top spot from North America, which dropped to third.In this episode, General Partner Maria Shen explores how Ethereum's Layer 2 solutions are bolstering its position despite fierce competition, why the Bitcoin developer ecosystem remains steadfast, and how emerging projects like EigenLayer are capturing builders’ attention. She also delves into the top crypto technologies that are fascinating devs, and how their usage and development activity differ across the globe. Show highlights:Maria’s top takeaways from the reportWhether the developer migration from the U.S. will stop under a friendlier regulatory environmentHow Ethereum has maintained its dominance despite its high fees and the rise of Solana What the steadiness of the Bitcoin developer ecosystem showsWhich other smaller ecosystems are growing the most How ZK contract usage has been increasing over timeWhy, despite what one could think, NFT minting activity is higher than everHow stablecoin usage differs from token to token and also across countriesVisit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.comThank you to our sponsors!PolkadotGuestMaria Shen, General Partner at Electric CapitalPrevious appearance on Unchained: Why Crypto Developer Activity Continues to Grow Despite the Bear Market LinksUnchained: A Big 2024 Crypto Trend: Solana Attracts More New Developers Than EthereumTimestamps:  Learn more about your ad choices. Visit megaphone.fm/adchoices