Ethereum Tops U.S. Web3 Development, BNB Chain Dominates Europe, Asia

Published On: September 30, 2023477 words2 min readBy:

In the realm of web3 developer activity, Ethereum holds sway across the United States, while BNB Chain takes the lead in Europe and Asia. This was revealed in a comprehensive report by Chainstack, a leading provider of crypto infrastructure. The report provides a deep dive into the trends and preferences of web3 app developers who leverage nodes hosted on conventional cloud platforms, such as Amazon Web Services.

Chainstack, which operates nodes on behalf of its users, assessed its user infrastructure data to identify usage patterns. Users can request these nodes when they wish to initiate transactions or retrieve blockchain-related data. By evaluating node dominance and protocol preferences in 2023, Chainstack was able to glean valuable insights into web3 infrastructure trends and the popularity of different protocols by region and node type.

In the U.S., Ethereum was the preferred protocol, accounting for 38.9% (18.8 billion) of node requests. BNB Chain followed closely with 31.3%, while Polygon accounted for 17.2%. Avalanche and Solana also gained noticeable interest, contributing to 4.8% and 2.4% of node requests respectively.

BNB Chain, however, held the reins in Europe, recording 5.4 billion node requests or 24.4% of the total. Polygon and Avalanche were hot on its heels with 22.8% and 22.6% respectively. Ethereum took the fourth spot at 18.3%, while Arbitrum and Solana accounted for 8.6% and 4.5% respectively.

Similarly, in Asia, BNB Chain ruled the roost with a staggering 72.1% (3.4 billion requests) of node infrastructure. Ethereum came second at 25.4%, while Polygon and Arbitrum made up 4.5% and 4.3% of requests respectively.

Across all regions, full nodes were more prevalent than archive nodes. Full nodes trim blockchain data for efficiency, unlike archive nodes that maintain a comprehensive transaction history. This preference was particularly pronounced in Asia, where full nodes accounted for 99.5% of total requests. In the U.S. and Europe, full nodes served 65.8% and 71% of requests respectively.

When considering cost-effectiveness and scalability, elastic nodes were the preferred choice. These nodes can be accessed by multiple users and applications simultaneously, making them more versatile than dedicated nodes which are deployed for a single use or application. Elastic nodes were again the top choice in Asia, accounting for 89.6% of requests, and in Europe at 61%. However, in the U.S., dedicated nodes took the lead with 52.6% of total requests.

Chainstack supports over 25 of the largest blockchain networks, including Ethereum, Bitcoin, Polygon, and BNB Chain. This allows developers to deploy, manage, and scale their decentralized apps (dapps) effectively. The platform is used by projects such as 1inch, TheGraph, Chainlink, LayerZero, and Trust Wallet.

As a crypto education platform, we aim to provide informative and engaging content to our readers who are interested in the Web3 News industry. Whether you are looking to learn how to make a crypto investment blockchain or download a digital wallet, we have resources to help you navigate this exciting industry. Stay tuned to our Crypto Exchange service United States for more updates and insights into the world of cryptocurrencies.

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