Maria Shen

Maria Shen, General Partner at Electric Capital, dives into the shifting landscape of crypto development. For the first time in eight years, Solana has overtaken Ethereum in attracting new developers. The conversation highlights Asia's rise as the leading hub for crypto, with a notable developer migration trend. Shen discusses Ethereum's resilience amid high fees, the stability of the Bitcoin ecosystem, and the increasing fascination with zero-knowledge technologies. She also emphasizes the surprising surge in NFT minting and the differing usage of stablecoins across regions.

Maria Shen, a partner at Electric Capital, shares invaluable insights from their latest Developer Report, which emphasizes persistent developer growth in crypto, even amidst market downturns. She discusses Ethereum's dominance and the rise of EVM-compatible chains capturing more developer interest. The conversation also dives into the aftermath of the Terra collapse and how it reshaped engagement in the ecosystem. With a focus on measuring developer activity, Shen highlights the vital role of developers as indicators of the industry's health.

Maria Shen, a partner at Electric Capital, shares insights from their recent report on Web3 development, noting a dramatic rise in developer engagement beyond Bitcoin and Ethereum. She discusses the factors driving this growth, like asset prices, and highlights Ethereum’s impressive ability to retain developers. Maria delves into the emerging ecosystems of Polkadot and Solana, contrasts their growth rates with Ethereum's history, and expresses enthusiasm for studying community growth in the future.