In Web3 Developments, Ethereum Leads in the US, While BNB Dominates in Asia and Europe!

• According to a report from crypto infrastructure provider Chainstack, Ethereum dominates web3 developer activity in the United States, while BNB Chain leads in the European and Asian markets.
• In terms of protocol preferences, Ethereum leads with 18.8 billion (38.9%) node requests in the United States, followed by BNB Chain at 31.3% and Polygon at 17.2%.
• In Europe, BNB Chain leads developer activity with 5.4 billion node requests (24.4%), closely followed by Polygon and Avalanche at 22.8% and 22.6%, respectively.

Ethereum dominates web3 developer activity in the US, according to a report from crypto infrastructure provider Chainstack: What about other projects?

Which Project is Leading Where in Web3 Developments?

Chainstack, a crypto infrastructure provider, reports that Ethereum dominates web3 developer activity in the United States, while BNB Chain leads in Europe and Asia. Web3 application developers use nodes hosted on traditional cloud platforms like Amazon Web Services. Chainstack examined user infrastructure data to determine usage patterns.

Chainstack runs nodes on behalf of users, and users can request nodes when they want to transact or obtain blockchain data. By analyzing node dominance and protocol preferences in 2023, Chainstack gained insights into web3 infrastructure trends by region and node type.

In terms of protocol preferences, Ethereum leads with 18.8 billion (38.9%) node requests in the United States, followed by BNB Chain at 31.3% and Polygon at 17.2%. Interest in Avalanche and Solana was also notable, accounting for 4.8% and 2.4% of node requests, respectively.

In Europe, BNB Chain leads developer activity with 5.4 billion node requests (24.4%), followed closely by Polygon and Avalanche at 22.8% and 22.6%, respectively. Ethereum came in fourth with 18.3%, while Arbitrum was at 8.6%, and Solana was at 4.5%.

BNB Chain also stands out in Asia, comprising 72.1% of node infrastructure with 3.4 billion requests. Ethereum is in second place with 25.4%, followed by Polygon and Arbitrum, which account for 4.5% and 4.3% of the requests, respectively.

Full Nodes and Archive Nodes

Full nodes dominated the market in all regions over archive nodes. In many crypto ecosystems, full nodes offer a more efficient solution for pruning blockchain data rather than maintaining a complete archive of transaction history.

This preference was particularly pronounced in Asia, where full nodes made up 99.5% of the total demand. In the United States, full nodes accounted for 65.8%, and in Europe, they made up 71% of the demand. When it comes to cost-effectiveness and scalability, elastic nodes are often preferred. Elastic nodes, which can be accessed by multiple users and applications simultaneously, were favored over private nodes distributed for single-use or application-specific purposes.

Elastic nodes saw strong preference in Asia, accounting for 89.6% of the demand. They also hold 61% in Europe. However, in the United States, private nodes lead with 52.6% of the total demand.

Chainstack provides support for the top 25 blockchain networks, including Ethereum, Bitcoin, Polygon, and BNB Chain, allowing developers to deploy, manage, and scale their dApps. Chainstack is used by projects like 1inch, TheGraph, Chainlink, LayerZero, and Trust Wallet.