Ethereum has the largest developer activity in the blockchain ecosystem.

• Recent statistics released by Electric Capital indicate that Ethereum had more than 16,000 new contributors in the past year, surpassing competitors such as Solana and Bitcoin.
• Although bearish price action was observed throughout 2025, network indicators such as the number of daily active addresses have soared to new highs, surpassing 2 million daily users.
• Industry leaders are dismissing the "Ethereum Foundation FUD," citing the upcoming upgrades, namely Hegota and Glamsterdam, scheduled for 2026, as evidence of further innovation.
• According to analysts, there is a colossal gap between Ethereum's actual use and its current market value, which remains more than 50 percent below its 2025 level.

Source: https://bfmtimes.com/novogratz-ethereum-developer-activity-all-time-high/