In Latin America, developers create more and more solutions based on Ethereum and Polygon blockchains, but do not launch new basic protocols, Sherlock Communications consulting company say.

The company interviewed 85 developers from Bolivia, Mexico, Brazil and Peru. The authors of the study found that local developers prefer intuitive tools, clearly compiled documentation and time -tested networks.

The blockchain consultant and researcher Sherlock Communications Luis Eduardo Abreu Hadad explained: developers from these countries seek to create services that comply with local legislative requirements and oriented the solution of real problems.

“In Latin America, developers are able to create new platforms, but the current situation is such that in the region, for the most part, solutions are created within the framework of existing ecosystems,” Khadad said.

Researchers analyzed 697,000 transactions in the blockchain made by the owners of addresses from Latin America. 75% of transactions made from June 2024 to June 2025 was on Ethereum. During the same period, 11% of transactions were carried out on the Polygon network. Moreover, in June, activity on the Polygon network almost doubled, reaching 20%, Sherlock Communications experts said.

Nevertheless, the countries of Latin America have the potential for creating new blockchain ecosystems. Hadad mentioned the Brazilian projects NúClea Chain and RBB. The new generation of developers, including students and participants in hackathons, are more and more interested in creating decentralized applications (DApps) and solutions for the tokenization of real assets (RWA) designed to increase the transparency of logistics chains, the blockchain consultant believes.

The volume of trading on the crypto -rhizas of Latin America increased by 800%, to $ 27 billion. In August, the BITSO crypto -RID reported that over the past six months, Latin American companies have doubled the volume of operations with stablecoins.