The developer community of Latin America is increasingly focused on building within established blockchain ecosystems such as Ethereum and Polygon instead of launching new basic layers of protocols, according to a report from Sherlock Communications consultancy.
The study, including qualitative input from 85 developers in Bolivia, Mexico, Brazil and Peru, showed that the builders of the region care for transparency, coordination and compliance. The developers prefer intuitive tools, strong documentation and proven track records, making networks such as Ethereum and Polygon a good fit.
Luiz Eduardo Abreu Hadad, blockchain consultant and researcher at Sherlock Communications, said Cointelegraph that Latin American developers stand out because they show “strong technical maturity” and concentrate on real-world issues.
“Latin -America has a growing, increasingly competent developer community,” Hadad told Cointelegraph. Although the developers are able to create new platforms, he said that the “current reality” is that the region will be a hub for development and adoption within already established ecosystems.
Ethereum registered 75% of the wallet transactions in Latin -Aramika
The Onchain data analysis of the report supported the trend. After analyzing 697,000 blockchain transactions tagged to portfolios that were identified as in Latin -America, the researchers discovered that Ethereum was good for more than 75% of the tagged transactions in the region between June 2024 and June 2025.
Ethereum dominates the Latin -American region in the field of developer and user interest. Source: Sherlock Communications
In the meantime, Polygon represented 11% of the total activity during the same period. Polygon continues to see acceptance in the region, whereby the network almost doubles its activity to 20% in June 2025.
Although he was attracted to established ecosystems, Hadad Cointelegraph said that there are local initiatives with a worldwide potential.
He said that tokenization projects and national blockchain infrastructures such as Núclea Chain and RBB in Brazil indicate that the region also has the capacity to create new ecosystems.
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The next generation of developers to concentrate on Dapps, Rwas
When asked what the next generation of Latin American developers, such as students or participants in Hackathon, position themselves in the coming years, Hadad pointed to decentralized applications (Dapps) and Real-World Asset (RWA) tokenization.
He said that newer developers are interested in Dapps who can reform social media or the maker -economy. Hadad also said that the traceability of the Supply Chain, Depin and Rwas caught the importance of the next generation of developers.
“They look for stable ecosystems, intuitive tools and sustainable economic stimuli, aimed at solving real problems regarding trust, transparency and usability,” Hadad told Cointelegraph.
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