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SharpLink CEO Joseph Chalom stated that, according to Electric Capital data, the total number of developers in the Ethereum ecosystem has reached 1,012,824, with approximately 232k active developers in the past 12 months.
Chalom believes that Ethereum's greatest moat is not speed or transaction fees, but the network effects formed by long-term accumulation of developers, standards, infrastructure, liquidity, and composability, and he said, "The most important question is not which chain is the fastest, but where the best developers choose to build in the long run."