Data from Electric Capital shows Ethereum leading developer growth with over 16,000 new coders from January to September, followed by Solana with 11,500+ and Bitcoin with nearly 7,500 new developers.

Australian fitness equipment manufacturer Fitell saw its stock drop 21% on Wednesday after disclosing a $10 million Solana acquisition involving over 46,000 SOL tokens. This follows the company's crypto pivot announcement and joins a trend of other firms experiencing share price declines after similar cryptocurrency treasury strategies.