Latin America’s developer neighborhood is more and more centered on constructing inside established blockchain ecosystems like Ethereum and Polygon quite than launching new base-layer protocols, based on a report by consultancy agency Sherlock Communications.
The examine, which included qualitative inputs from 85 builders in Bolivia, Mexico, Brazil and Peru, confirmed that the area’s builders care about transparency, coordination and compliance. The devs favor intuitive instruments, robust documentation and confirmed monitor data, making networks like Ethereum and Polygon a very good match.
Luiz Eduardo Abreu Hadad, blockchain marketing consultant and researcher at Sherlock Communications, advised Cointelegraph that Latin American devs stand out as a result of they present “robust technical maturity” and concentrate on real-world points.
“Latin America has a rising, more and more expert developer neighborhood,” Hadad advised Cointelegraph. However, whereas the devs are able to creating new platforms, he stated that the “present actuality” is that the area shall be a hub for improvement and adoption inside already established ecosystems.
Ethereum recorded 75% of pockets transactions in Latin America
The report’s onchain knowledge evaluation supported the development. After analyzing 697,000 blockchain transactions tagged to wallets recognized as being in Latin America, the researchers discovered that Ethereum accounted for greater than 75% of tagged transactions within the area between June 2024 and June 2025.
Meanwhile, Polygon represented 11% of the entire exercise over the identical interval. Polygon continues to see adoption within the area, with the community practically doubling its exercise to twenty% in June 2025.
Despite being drawn to established ecosystems, Hadad advised Cointelegraph that there are native initiatives with international potential.
He stated that tokenization tasks and nationwide blockchain infrastructures like Núclea Chain and RBB in Brazil point out that the area additionally has the capability to create new ecosystems.
Related: Brazil’s largest asset supervisor Itaú Asset types devoted crypto unit
Next era of devs to concentrate on DApps, RWAs
When requested about what the subsequent era of Latin American builders, like college students or hackathon entrants, are positioning themselves for within the coming years, Hadad pointed to decentralized purposes (DApps) and real-world asset (RWA) tokenization.
He stated that newer devs are enthusiastic about DApps that may reshape social media or the creator economic system. Hadad additionally stated that offer chain traceability, DePIN and RWAs captured the curiosity of the subsequent era of builders.
“They search for steady ecosystems, intuitive instruments, and sustainable financial incentives, specializing in fixing actual issues round belief, transparency, and value,” Hadad advised Cointelegraph.
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