Strong technical maturity drives focus on established ecosystems, with new projects still emerging
Latin America’s blockchain developer community is showing a clear preference for established ecosystems such as Ethereum and Polygon, rather than creating entirely new base-layer networks. A recent report by consultancy firm Sherlock Communications highlights that developers across the region value transparency, compliance, and proven infrastructure when choosing where to build.
Ethereum leads with over 75% of activity
According to the study, which analyzed 697,000 blockchain transactions tagged to Latin American wallets between June 2024 and June 2025, Ethereum dominated with more than 75% of the total volume. Polygon followed as the second most active ecosystem, representing 11% overall and nearly doubling its share to 20% in June 2025.
The report included qualitative insights from 85 developers across Bolivia, Mexico, Brazil, and Peru, who emphasized the importance of intuitive tools, strong documentation, and community support.
Developers show strong maturity
Blockchain consultant Luiz Eduardo Abreu Hadad noted that the region’s coders are advancing quickly: “Latin America has a growing, increasingly skilled developer community. The current reality is that the region will be a hub for adoption within established ecosystems, but it also has the capacity to create new platforms.”
Hadad pointed to local initiatives like Núclea Chain and RBB in Brazil as signs of innovation, especially in tokenization and national blockchain infrastructure.
The next generation of developers, including students and hackathon participants, appear focused on decentralized applications (DApps) and real-world asset (RWA) tokenization. Projects in areas such as supply chain traceability, DePIN infrastructure, and creator economy platforms are gaining traction.
The preference for Ethereum and Polygon underscores Latin America’s focus on reliability and adoption, but emerging projects show the region could also become a creator of globally relevant blockchain solutions.
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