The blockchain industry in Latin America is thriving, with developers increasingly drawn to established ecosystems like Ethereum and Polygon, according to a recent report by Sherlock Communications. This trend highlights the growing preference for stability and proven functionality in the region’s developer community—an asset crucial for addressing real-world challenges.
Why Latin American Developers Favor Ethereum and Polygon
The recently published report surveyed 85 developers from Bolivia, Mexico, Brazil, and Peru. It revealed that transparency, solid documentation, coordination, and compliance are key reasons why developers in the region prefer building on Ethereum and Polygon rather than creating new blockchain networks.
Luiz Eduardo Abreu Hadad, blockchain consultant and researcher at Sherlock Communications, shared with Cointelegraph that Latin American developers demonstrate a high level of technical maturity. These developers are leveraging their skills to contribute to well-established platforms that suit their goals of solving real-world issues efficiently.
On-Chain Insights Highlight a Growing Trend
The report’s on-chain data supports this movement towards established ecosystems. It analyzed over 697,000 blockchain transactions tied to wallets based in Latin America, discovering that Ethereum accounted for more than 75% of the tagged transactions between June 2024 and June 2025. Meanwhile, Polygon accounted for 11% of activity but nearly doubled its regional adoption to 20% over the same period.
This growth highlights Polygon’s increasing popularity among developers, who are recognizing its scalable, low-cost solutions compared to more resource-heavy blockchains.
Emerging Local Initiatives and Innovations
Although established ecosystems dominate, local blockchain initiatives are gaining momentum. Projects like Núclea Chain and RBB in Brazil demonstrate the region’s potential to develop groundbreaking platforms tailored to local needs.
Hadad notes that younger developers are currently innovating in decentralized applications (DApps) and real-world asset (RWA) tokenization. These focus areas, including supply chain traceability and decentralized physical infrastructure networks (DePIN), signal a shift toward creating solutions for transparency and usability in diverse industries.
Enhancing Blockchain Development with the Right Tools
The next generation of developers appears eager to reshape areas like the creator economy and social media. They prefer working with stable networks offering intuitive tools and achievable economic incentives. Platforms like Ethereum and Polygon are already paving the way with user-friendly APIs, developer documentation, and robust communities.
Looking to improve your team’s blockchain development efficiency? Ethereum-compatible projects, such as Infura, enable developers to integrate blockchain infrastructure effortlessly, reducing implementation times. Utilizing such tools can set budding blockchain developers apart in a competitive tech market.
Conclusion: Latin America’s Bright Blockchain Future
As Latin America continues to evolve as a hub for blockchain adoption and innovation, the strong preference for platforms like Ethereum and Polygon demonstrates how developers prioritize proven, scalable ecosystems. Combined with the rise of local projects, this signals a promising future for blockchain in the region.
If you’re interested in delving deeper into blockchain development, consider exploring tools designed for Ethereum-based solutions. Ecosystems like Polygon also offer excellent scalability for projects aimed at enterprise or public adoption.
