Asia takes top spot for crypto developers, US declines
Asia has surpassed North America as the leading region for cryptocurrency and blockchain development talent, with its share of crypto developers increasing to 32% in 2024 from 13% in 2015. In contrast, North America's share has decreased significantly from 44% to 24% during the same period. Despite the majority of crypto developers (81%) now residing outside the United States, the US still has the highest total number of developers globally, with approximately 18.8% based there. India follows at 11.8%, and the UK at 4.2%. Notably, the US experienced a drop of over 51% in developer share since 2015, even as institutional interest in cryptocurrencies has grown. In the US, 22.3% of developers live in California and 13.7% in New York, with most developers (64%) residing outside these two states. This shift in developer distribution reflects a broader trend of mass adoption of blockchain technology, driven by a growing developer base in Asia.
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