This initiative comes at a difficult time for Ethereum. In 2024, the Solana blockchain recruited more developers (7,625) than Ethereum (6,456), challenging its historical dominance in the crypto sector. Added to this is a significant drop in fees on Ethereum, which reached their lowest level in five years in April 2025, according to Santiment. This decline is linked to the downturn in DeFi activities and the loss of momentum in the base layer.
