Market Pulse

Ethereum Developer Engagement Grows Despite Market Challenges

Estimated reading time: 4 minutes
  • Ethereum leads the developer community with 1,695 active developers as of June 2025.
  • Despite market headwinds, over 23,000 developer activities were recorded in recent weeks.
  • Ethereum’s total value locked (TVL) stands at approximately $62.4 billion.
  • Developer engagement has shown a recent decline due to price volatility.
  • Competing platforms are gaining traction, with Cardano surpassing Ethereum in recent GitHub commits.
Despite continued volatility in the cryptocurrency sector, Ethereum remains the most prominent platform for developer participation. By early June 2025, the network recorded 1,695 active developers, significantly more than any other blockchain platform. Solana, the next largest ecosystem by this measurement, had 533 active developers during the same period[1]. Industry observers often view the size of a developer community as an indicator of a platform’s vitality and innovation[2].

In addition to its developer count, Ethereum’s open-source activity spans over 3,000 repositories, with nearly 500 identified as core to the ecosystem[3]. This development is supported by a community that makes up a major share of the global crypto development workforce, with an estimated 24,000 monthly active developers, of whom approximately 7,700 work full-time[4].

Recent data, however, points to a decrease in activity. In early June, Cryptometheus reported that weekly GitHub contributions on Ethereum were down by 18.02% for the week, with a 38.97% decline over a longer measurement window[5]. Despite these drops, more than 23,000 developer activities were recorded in this interval, highlighting ongoing participation in Ethereum’s open-source projects[6].

The reduction in development activity may be linked to price volatility earlier in 2025. During the first quarter, Ethereum’s price fell from close to $4,100 to about $1,400[7]. Periods of market decline like this have often coincided with changes in developer engagement levels. Nonetheless, the persistence of core software development suggests that developers remain committed to the platform, even during periods of lower market valuation.

At the same time, competing platforms continue to challenge Ethereum’s position. Cardano, for example, recorded more GitHub commits over the past year, with 21,439 commits across 550 core repositories, compared to Ethereum’s 20,962 commits[8]. Additional ecosystems showing notable developer numbers include Cosmos Network Stack (473 developers), Foundry (448 developers), and Polkadot Network (427 developers)[1].

Ethereum continues to lead the sector in other metrics. Its total value locked (TVL) stands at around $62.4 billion, reflecting the amount secured across its applications and smart contracts. This measure is often used to assess the financial scale and trust within blockchain ecosystems[2].

Looking ahead, Ethereum’s ability to retain and expand its developer base amid competition and technical challenges will play an important role in shaping its future position. For now, elevated levels of developer activity indicate that the platform remains a central area of focus for blockchain development.


  1. CryptoRank.io, June 2025, “Ethereum Leads Developers; Bitcoin Investor Funds”: https://cryptorank.io/news/feed/3cc82-ethereum-leads-developers-bitcoin-investor-funds
  2. CryptoRank.io, June 2025, “Ethereum Leads Developers; Bitcoin Investor Funds”: https://cryptorank.io/news/feed/3cc82-ethereum-leads-developers-bitcoin-investor-funds
  3. CoinStats, June 2025, “Cardano vs Ethereum in 2025: Developer Activity, Market Trends, and Ecosystem Insights”: https://coinstats.app/news/362a04f7513317c62829383cc7e782917a457c3699babdaba14bcd3500866d87_Cardano-vs-Ethereum-in-2025-Developer-Activity-Market-Trends-and-Ecosystem-Insights/
  4. Developer Report, 2025: https://www.developerreport.com
  5. Cryptometheus, June 2025: https://cryptometheus.com
  6. Cryptometheus, June 2025: https://cryptometheus.com
  7. Amberdata Blog, Q1 2025, “Ethereum Q1 2025 Insights”: https://blog.amberdata.io/ethereum-q1-2025-insights-on-price-tech-and-trends
  8. CoinStats, June 2025, “Cardano vs Ethereum in 2025: Developer Activity, Market Trends, and Ecosystem Insights”: https://coinstats.app/news/362a04f7513317c62829383cc7e782917a457c3699babdaba14bcd3500866d87_Cardano-vs-Ethereum-in-2025-Developer-Activity-Market-Trends-and-Ecosystem-Insights/