The growing dominance of AI is reshaping the tech job market, attracting an increasing share of talent and investment. At the same time, several indicators point to a sharp decline in developer activity within the crypto ecosystem. Does this phenomenon reflect the market cycle, or is it the beginning of a lasting migration of crypto developers toward AI?
The decline in developer activity signals a talent migration
LinkedIn’s ranking of growing professions reveals a profound transformation of the job market, now dominated by Artificial Intelligence (AI).
This year’s data shows that “strategic and technical roles related to artificial intelligence, such as AI engineers and machine learning researchers, are clearly on the rise.”
You might say this observation comes as no surprise. But does this trend signal a brain drain in the crypto sector?
To answer this question, it was essential to start with Electric Capital’s annual developer report, which provides a good gauge of activity in the crypto sector.
This analysis shows an 8-point decrease in active developers over the course of 2025. This trend is confirmed by another, even more relevant data point: there was a 14% decline in established developers (those with more than two years of experience) over the same period.
Trends in developer activity in the crypto ecosystem according to Electric Capital
According to data from the Artemis analytics platform, the number of GitHub commits (saves of changes made to a project) has fallen by approximately 75% since 2025.
Trend in commits in the crypto industry according to Artemis
There has also been a sharp decline in the number of active developers—defined as those who publish at least one commit each week.
Trend in active developers per week according to Artemis
A persistent decline in developer activity is generally associated with a shift of talent toward other, more attractive technology sectors.
Perhaps this is a global trend? As GitHub’s Octoverse 2025 report shows, this is not the case. Throughout 2025, more than one new developer joined the platform every second.
The report also shows that AI and automation agents “are driving the biggest changes in software development in over a decade.”
Given the popularity of AI and other automation agents, we can reasonably assume that some crypto talent is turning to this promising new sector.
Capital flows as an indicator of attractiveness for developers
The concentration of funding also serves as a strong incentive for technical talent. Career opportunities and financial resources naturally attract engineers and developers.
In a recent report, BestBrokers shows that more than half of global venture capital was allocated to AI in 2025. This sector raised nearly $270.2 billion out of a total of $512.6 billion invested by venture capital (VC) firms.
By comparison, the cryptocurrency sector recorded annual investments of $49.75 billion in 2025, nearly five times less than what the AI sector received.
This figure should still be put into perspective, however, since compared to 2024, this amount also represents a fivefold increase in investments directed toward the crypto industry.
Developers in the crypto sector have always followed market cycles, so it is not surprising to observe these trends in a bear market. It should be noted, however, that in previous crises, the AI alternative did not exist.
The latter represents an attractive proposition with a degree of stability in the medium term, a strong job market, and more attractive salaries.
This pivot therefore makes sense when you consider that these two sectors require fairly similar technical skills due to their architecture and mindset.
So, will the next bull market, as usual, bring developers back to the crypto sector?
