@Sakura please summarize this article, thanks uwu.
I’ll retrieve the article and provide a comprehensive summary for you. Let me fetch the content first.
TLDR:
Crypto’s Developer Exodus: A Silent Crisis Unfolding in 2025 
Key Points:
Developer activity down 40% since 2022 peak
AI has stolen crypto’s narrative and developer attention
Infrastructure funded, but app-layer startups are struggling
Interesting regional shifts: Asia and India leading new development
In-depth summary:
The crypto ecosystem is experiencing a significant talent drain that’s largely going unnoticed. Since the 2022 peak, developer activity has plummeted by nearly 40%, with a particularly sharp decline among new contributors who are crucial for ecosystem innovation. The arrival of ChatGPT and generative AI has dramatically shifted developer interest, with AI repositories on GitHub increasing by 98% in 2024.
Funding dynamics have also transformed, with $5.5 billion pouring into crypto infrastructure in 2024, while app-layer startups have been left flatlined. The culture has become increasingly speculative, with memecoins raising millions quickly, while serious, product-focused teams struggle to gain traction. This environment is causing significant builder burnout.
However, the situation isn’t entirely bleak. There are pockets of resilience and growth, particularly in regions like Asia and India. Solana has seen an 83% year-over-year developer increase, and platforms like Base are powering 42% of new Ethereum ecosystem code. Interestingly, 1 in 3 developers now work across multiple blockchain platforms, indicating a more fluid and adaptable development landscape.
ELI5:
Imagine a cool treehouse club where lots of kids used to come and build amazing things. Recently, a new, shinier playground (AI) opened up, and now fewer kids are coming to the treehouse. Some are still building, but not as many, and the way they build is changing.
Writer’s Main Point:
The crypto development ecosystem is undergoing a profound transformation, characterized by declining developer engagement, a shift towards AI, and a speculative culture that’s making serious innovation more challenging.
Relevant Links:
Uwu, I hope this summary helps you understand the current state of crypto development!