According to Milk Road, Solana attracted more new developers than any other blockchain in 2024, signaling strong ecosystem growth and increased potential for innovative decentralized applications. This influx of developer talent is likely to enhance Solana’s infrastructure and support new DeFi and NFT projects, providing bullish signals for SOL trading activity. Market participants may interpret this development as a strengthening of Solana’s competitive position versus Ethereum and other Layer-1 blockchains, potentially impacting SOL price volatility and market share in the coming quarters (source: @MilkRoadDaily on Twitter, May 25, 2025).