Solana ‘memecoin frenzy’ prompts uptick in Rust dev demand

Rust is also becoming an increasingly popular programming language for blockchain firms building “performant distributed systems,” says CryptoJobsList CEO.

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The Solana memecoin mania that began in the first half of 2024 has  contributed to an increase in demand for Rust engineers, according to the chief executive at a cryptocurrency jobs board.

It’s likely been driven by the “Solana memecoin frenzy, where Rust is the primary programming language,” Raman Shalupau, CEO and founder of CryptoJobsList told Cointelegraph, adding:

Solana memecoins currently boast a combined market cap of $6.28 billion — significantly larger than Ethereum layer 2 Base’s $1.2 billion memecoin market cap, CoinGecko data shows.

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