Comparing Developers & Their Activity in Leading Blockchain Networks

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The developers of a blockchain network play a critical role in the growth and expansion of the network since they are the group that decides how the network will evolve and adapt to the ever-changing technical requirements of the ecosystem.
Importance of Gauging Developer Activity
As the crypto community continues to grow, doing your own research (DYOR) is becoming increasingly important due to the ongoing volatility of the market and to make better-informed decisions on long-term investment prospects. On-chain metrics such as Total Value Locked, token price action, trading volume, etc., feature in most analyses.
However, one important metric that is difficult to track precisely is the blockchain development activity, such as the number of active developers on each blockchain. This was brought to light by the Electric Capital Developer Report, which was released earlier this year.
The developer count is important, especially for determining the priorities of the blockchain. It can be said that sustained development fosters the creation of widely-used applications, and wide usage of these applications incentivizes the further development of new functionalities.
Blockchain developers are responsible for designing and maintaining the architecture, building smart contracts, beta testing new features on the test net before introducing them onto the mainnet, etc. This sustained development is critical to creating long-term value propositions.

Development Activity on Major Chains
According to the report, Ethereum has managed to maintain its first-mover advantage with ~4,000 Monthly Active Developers (MADs), and it absorbs around 30% of new developers coming into the web3 ecosystem, followed by Solana with almost 1,000 monthly active developers.
BNB Chain has around 500 MADs. Although the data for Cronos was not available in the report, we can get a sense of the development activity on its GitHub (which was also probably used to ascertain the developer count in the Electric Capital report). The Cronos chain has around 19 core contributors.
Despite Ethereum having the highest gas fees, users are willing to pay more than $15 Million a day as gas fees and attract the most number of developers. At the same time, Solana and BNB Chain are attracting most new users with the proposition of fast transactions and low fees.
Cronos, on the other hand, is still at a very nascent stage, and once it begins to scale up massively (and it very well can because the parent company has access to 50 Million users in the retail market), it could be the mecca of innovation and development rivaling the likes of Ethereum.
What is Ethereum:
Ethereum is a decentralised, open-source blockchain that supports smart contracts. Ether is the platform's native cryptocurrency. In terms of market capitalization, Ether is second only to Bitcoin. Vitalik Buterin, a programmer, created Ethereum in 2013.
Find more about Ethereum here:
Website | Twitter | Documentation | Whitepaper | Reddit | Discord | Youtube | GitHub | Ethereum Foundation Blog |
What is BNB Chain:
BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain-powered by BNB. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.
For more information on BNB Chain, these links:
Website | Twitter | Discord | Telegram | GitHub |
What is Solana:
Solana is a public, open-source blockchain that allows for smart contracts, non-fungible tokens (NFTs), and various decentralised applications (dApps). The SOL token, which is native to Solana's blockchain, provides network security through staking as well as a means of transferring value.
Learn more about Solana:
Website | Twitter | Docs | Github | Discord |
What is Cronos:
Live since November 2021, Cronos positions itself as an EVM-compatible chain designed to support the Creator Economy with applications such as DeFi and GameFi, ultimately serving as a foundational infrastructure for the Metaverse. In addition, Cronos claims they offer faster and cheaper transactions than Ethereum mainnet, making decentralized applications (dApps) and smart contracts greener and more user-friendly. Since its launch in November 2021, Cronos has been pegged within the top 10 blockchains by total value locked (More than $US 4billion), with 25% month-on-month user growth and more than 200 dApps.
Where to find Cronos:
Website | Twitter | Discord | Telegram | Medium |
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PancakeSwap v3 Launches on BNB Chain’s Layer2 Network, opBNB

The launch of PancakeSwap v3 on opBNB promises users enhanced transaction speeds, reduced fees, and an overall improved trading experience.
On September 28, PancakeSwap Decentralized Exchange (DEX) announced the launch of PancakeSwap v3 on BNB Chain’s Layer2 network, opBNB. The announcement was made official through a post on its official X account and shared details via its blog.
🐰PancakeSwap v3 has officially launched on opBNB @BNBCHAIN!
— PancakeSwap🥞Everyone's Favorite DEX (@PancakeSwap) September 28, 2023
🔀Trade with fees as low as 0.01%
🥈Provide liquidity to the 2nd largest DEX
⛽️Transfer with gas fees as low as $0.005
👉Learn more: https://t.co/nvu7sZk0L7
🎥: https://t.co/xllWcW0fu2 pic.twitter.com/6QJWp4RdAt
According to the protocol’s blog, the new PancakeSwap v3 on opBNB promises traders and liquidity providers a host of benefits. These include the opportunity to trade with reduced fees, enjoy increased returns, and experience enhanced capital efficiency. Further, the Layer2 network ensures these advantages are delivered with high throughput and minimal gas fees.
opBNB, which powers this new integration, is built on the bedrock version of Optimism’s OP stack. It stands out as a swift Layer2 solution within the BNB Chain ecosystem.
Addressing the Layer1 Limitations
One of the significant challenges with numerous Layer1 blockchains has been handling high transaction volumes. With the introduction of opBNB on PancakeSwap, this issue is addressed.
The opBNB network boasts the capacity to handle over 4,000 Transactions Per Second (TPS). Additionally, it offers a minimal gas fee, which can go as low as $0.005. This ensures improved throughput and scalability for users.
In the words of the DEX, “PancakeSwap on opBNB offers a scalable solution; the opBNB network accommodates over 4,000 TPS and reduces gas fees to under $0.005 for transfers. Users enjoy improved throughput without sacrificing decentralization by offloading processing to Layer 2 while posting data to BNB Smart Chain.”
Expanding the DeFi Space
This recent integration marks opBNB as the sixth Layer2 network to be deployed on PancakeSwap v3. This expansion provides users with a broader range of options in the Decentralized Finance (DeFi) space.
Chef Mochi, the Head Chef of PancakeSwap, shared insights on this development, stating that the integration showcases the DEX’s dedication to promoting widespread adoption and empowering users in the cryptocurrency arena.
“By joining forces with the opBNB, PancakeSwap is pleased to bring users more accessibility and functionality than ever before. Our decision to launch on opBNB reflects our continued commitment to driving mass adoption of DeFi, empowering users, and fostering a vibrant DeFi community,” Mochi said.
The launch of PancakeSwap v3 on opBNB is a significant step forward in the DeFi space, promising users enhanced transaction speeds, reduced fees, and an overall improved trading experience.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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