Ethereum still favorite platform developers
If we look at the developer numbers, Ethereum actually towers above the competition. The network currently has about 4,000 active developers, while number two Solana has to make do with 1,000 enthusiasts. Bitcoin and Cardano are at number three and four with 500 and 400 developers. It’s not entirely clear how a16z arrives at these numbers and when someone qualifies as a developer.
Also in terms of transaction costs, Ethereum is currently the big leader compared to the other smart contract blockchains. Ethereum brings in about $15.24 million in transaction fees every day, while BNB Chain, Avalanche, Fantom Polygon and Solana together bring in about $2.5 million a day. Despite the high costs on the blockchain, most people currently opt for Ethereum.