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Developers are leaving crypto for AI

Developer activity in blockchain projects has sharply declined since early 2025:
— commits dropped by ~75%, from 850,000 to 210,000;
— the number of active developers fell by 56%, to around 4,600.

The decline is seen across most networks:
Ethereum −34%, Solana −40%, Base −52%, Aptos −60%, BNB Chain −85%.

The main reason is the AI boom.
GitHub now hosts 4.3 million AI repositories, while generative AI projects attract over 1 million developers per month.
Major funds restrict withdrawals

BlackRock has blocked capital withdrawals from a $26 billion fund for the first time.

Meanwhile, Blackstone has received record redemption requests totaling $82 billion.
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NEW: 🟠 Strategy acquired 16,816 BTC last week using proceeds from STRC.

$1.18B of the company’s $1.57B total Bitcoin purchase was funded through STRC sales, highlighting how the capital vehicle is rapidly scaling Strategy’s ability to accumulate BTC.
NEW: 🟠 Michael Saylor's Strategy could surpass BlackRock's BTC holdings in the next couple weeks 👀
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JUST IN: 🇺🇸 CFTC and SEC issues statement clarifying
that Bitcoin mining rewards are labeled under "protocol mining" as not securities.
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