Canopy Aims to Reverse Crypto's Decline in New Talent

The crypto sector has been experiencing a decline in new talent, with a 58% drop in newcomers and a 75% decline in weekly code commits to crypto repositories since early 2025, according to data from Artemis.

This decline is in stark contrast to the growth of the GitHub platform, which gained 36 million developers in 2025 and saw a 25% increase in commits across the platform.

One reason for the decline is the rise of AI and machine learning, which has become a more lucrative and straightforward career path for many developers. With AI platforms like Anthropic's Claude and OpenAI's ChatGPT, users can now describe an app and receive a working model in just a few hours, eliminating the need for extensive background research and programming expertise.

Crypto, on the other hand, requires a deeper understanding of the fundamentals and a longer learning curve. As a result, many new developers are choosing to pursue other opportunities in AI and machine learning, leaving the crypto sector to rely on its experienced veterans.

However, a new platform called Canopy is aiming to change this trend by making it easier for developers to launch their own blockchain networks. With a framework that allows users to create a blockchain network with just 200 lines of code, Canopy is hoping to attract new talent to the crypto sector and provide a more accessible and user-friendly way to build on blockchain.

Canopy's co-founder and CTO, Andrew Nguyen, explained that the team has spent years addressing the challenges faced by developers when building on other chains, and is now offering a more streamlined and cost-effective solution.