Rust is also becoming an increasingly popular programming language for blockchain firms building “performant distributed systems,” says CryptoJobsList CEO.
The Solana memecoin mania that began in the first half of 2024 has contributed to an increase in demand for Rust engineers, according to the chief executive at a cryptocurrency jobs board.
It’s likely been driven by the “Solana memecoin frenzy, where Rust is the primary programming language,” Raman Shalupau, CEO and founder of CryptoJobsList told Cointelegraph, adding:
Solana memecoins currently boast a combined market cap of $6.28 billion — significantly larger than Ethereum layer 2 Base’s $1.2 billion memecoin market cap, CoinGecko data shows.