The Latin American developer group is more and more targeted on constructing new fundamental layer protocols inside established blockchain ecosystems equivalent to Ethereum and polygon, in accordance with a report from consulting agency Sherlock Communications.
The examine contains qualitative inputs from 85 builders from Bolivia, Mexico, Brazil and Peru, indicating that builders within the area are curious about transparency, coordination and compliance. Builders help intuitive instruments, highly effective documentation and confirmed observe report, and have an excellent community of Ethereum and Polygon.
Luiz Eduardo Abreu Hadad, a blockchain guide and researcher at Sherlock Communications, advised Cointelegraph that Latin American builders stand out due to their “robust technical maturity” and concentrate on real-world points.
“Latin America has an more and more expert group of builders,” Hadad advised Cointelegraph. Nonetheless, whereas builders can create new platforms, he stated the “present actuality” can be the hub for improvement and adoption inside already established ecosystems.
Ethereum recorded 75% of Latin American pockets transactions
On-chain information evaluation of experiences supported this development. After analyzing 697,000 blockchain transactions tagged with 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.
Ethereum dominates the Latin America area by way of developer and person curiosity. Supply: Sherlock Communications
Polygons, in the meantime, accounted for 11% of complete exercise over the identical interval. Polygon continues to see adoption within the area, with the community doubled its exercise to twenty% in June 2025.
Regardless of being drawn to established ecosystems, Hadad advised Cointelegraph that there’s a regional initiative with world potential.
He stated that tokenization initiatives such because the nuclear chain and RBB in Brazil and nationwide blockchain infrastructures additionally reveal the power to create new ecosystems within the area.
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Subsequent-generation builders concentrate on dapps, rwas
When requested in regards to the positioning of the subsequent era of Latin American builders, together with college students and hackathon members, within the coming years, Hadad pointed to decentralized functions (DAPP) and real-world asset (RWA) tokenization.
He stated new builders are curious about Dapps, which might rebuild social media and the creator financial system. Hadad additionally stated provide chain traceability, Depin, and RWA have an interest within the subsequent era of builders.
“They’re specializing in discovering secure ecosystems, intuitive instruments, sustainable financial incentives and fixing actual problems with belief, transparency and usefulness,” Hadad advised Cointelgraf.
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