Latin American developers prefer Ethereum and Polygon over new blockchain protocols: report

Developers across Bolivia, Mexico, Brazil, and Peru demonstrate a strong preference for established blockchain platforms, valuing usability, transparency, and proven track records.

Ethereum accounts for over 75% of wallet transactions in Latin America from June 2024 to June 2025, while Polygon shows significant growth, rising to 20% of activities by mid-2025.

The next generation of developers is shifting focus towards decentralized applications (DApps) and real-world asset (RWA) tokenization, with aspirations to solve real-world issues using blockchain technology.

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