The researchers behind the Ethereum network have grown from around 25 people in Quarter 1 in 2019 to a peak of 550 people in Quarter 1 in 2024, an increase of 2,100%, which is a positive sign as the second largest blockchain network in the world. In addition, the number of Ethereum researchers declined slightly in the second quarter of 2024, to around 450 developers, but the number remains relatively high.