Ethereum research team numbers surge 2,100% since 2019

An investment of $1,000 into Ether five years ago would be worth over $14,900 today.

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The brainpower behind Ethereum development skyrocketed by over 2,100% during the past five years, flashing a positive sign for the world’s second-largest blockchain network.

The researchers behind the Ethereum network grew from just around 25 in the first quarter of 2019 to a peak of around 550 in the first quarter of 2024, marking a 2,100% increase.

The promising development was shared in an Aug. 29 X post by Emre Caliskan, an engineer at Electric Capital.

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