Stellar climbs to second place in active developers, behind only Ethereum

The Stellar Development Foundation's Q3 2026 report shows record developer counts alongside sharp gains in stablecoin and tokenized asset activity Stellar now has the second-largest developer base of any blockchain ecosystem. Only Ethereum ranks higher. A post on X said the network rose from ninth to second place in active developers, with 4,000 developers building on it. The detailed numbers come from the Stellar Development Foundation (SDF), which published its Q3 2026 report on October 19, 2026. As of September 30, 2026, Stellar counted 3,922 monthly active developers, a record for the network. The developer numbers, unpacked SDF said the 3,922 figure is up 125% year-over-year. That put Stellar behind Ethereum and ahead of everyone else. A single end-of-quarter number can be noisy. So the foundation also reported a quarterly average of 3,661 developers, up 170% from a year earlier. Full-time developers averaged 475, also a record. That is a 30% increase year-over-year. Total monthly actives more than doubled while full-time headcount grew by about a third. For comparison, SDF reported 2,968 monthly active developers at the end of Q2 2026. Stellar already held the number two spot...