Altcoins News
By Maheen Hernandez
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Ethereum Dominates Latin America’s Blockchain Activity. Onchain data confirms this preference. Sherlock Communications analyzed 697,000 blockchain…
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Local Initiatives Show Global Potential. Although most developers currently focus on established ecosystems, Hadad highlighted several…
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Next-Generation Developers Focus on DApps and Real-World Assets. Looking ahead, Hadad noted that the next generation of Latin American developers—students,…
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Why Ethereum and Polygon Are Attractive. The preference for Ethereum and Polygon stems from multiple factors.
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Conclusion. Latin American blockchain developers are currently favoring Ethereum and Polygon due to stability,…
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Developers across Latin America are increasingly focusing their efforts on established blockchain ecosystems like Ethereum and Polygon rather than creating new base-layer chains,…
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The study gathered qualitative insights from 85 developers in Bolivia, Mexico, Brazil, and Peru.
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Blockchain consultant Luiz Eduardo Abreu Hadad, a researcher at Sherlock Communications, emphasized that Latin American developers are showing “strong technical maturity” and a…
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Onchain data confirms this preference. Sherlock Communications analyzed 697,000 blockchain transactions linked to wallets in Latin America between June 2024 and June 2025.
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Polygon, while smaller, continues to grow in popularity. During the same period, the network represented 11% of total activity, and by June 2025, Polygon activity had nearly…
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These numbers reflect the region’s preference for ecosystems that provide intuitive tools, stability, and strong community support, enabling developers to build with confidence.
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Although most developers currently focus on established ecosystems, Hadad highlighted several regional initiatives with potential to expand globally.
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“These local initiatives demonstrate that the region isn’t just consuming technology—it’s also capable of contributing to global blockchain innovation,” Hadad said.
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Looking ahead, Hadad noted that the next generation of Latin American developers—students, hackathon entrants, and emerging talent—is focusing on decentralized applications…
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Newer developers are particularly interested in applications that reshape social media, the creator economy, and supply chain traceability.
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