In 2023, the Ethereum blockchain ecosystem saw significant growth in developer interest and smart contract deployment, hitting new all-time highs according to TechCrunch. The number of Ethereum Virtual Machine (EVM) compatible smart contracts deployed on layer 2 networks increased by 303.43% from the previous year, with a total of 254.54 million smart contracts created. Polygon Labs was a major contributor to this growth, accounting for 158.34 million of the total smart contracts. Ethereum's rollup-centric roadmap, which focuses on scalability solutions, has been realized, as noted by a report on Web3 development from blockchain infrastructure firm Alchemy. Other blockchain platforms like Solana and Optimism also saw increased developer interest during the year. This growth occurred despite the broader bear market conditions in the cryptocurrency sector.
The number of Ethereum Virtual Machine-compatible smart contracts deployed on layer 2 blockchain networks by developers in 2023 quadrupled from the previous year, according to blockchain infrastructure firm Alchemy. https://t.co/v3FI8tpbAx
The number of Ethereum Virtual Machine-compatible smart contracts deployed on layer 2 blockchain networks by developers in 2023 quadrupled from the previous year, according to blockchain infrastructure firm @AlchemyPlatform. @httpsageyd reports https://t.co/v3FI8tpbAx
✨ A look back at 2023, and a glimpse at what lies ahead in 2024 ✨ Check it our newest article on the @Ethereum Foundation's blog and relive with us some highlights from this past year ⤵️ https://t.co/EBnvFzwCNN
Ethereum’s rollup-centric roadmap has come “to fruition,” according to a new report on Web3 development from blockchain infrastructure firm Alchemy. https://t.co/v3FI8tpbAx
Ethereum’s rollup-centric roadmap has come “to fruition,” according to a new report on Web3 development from blockchain infrastructure firm @AlchemyPlatform. @httpsageyd reports https://t.co/v3FI8tpbAx
In 2023, EVM L2 smart contracts grew 303.43% on the year: - 254.54M total smart contracts were created - @0xPolygonLabs made up 158.34M of that total amount https://t.co/DsyzNd1vUh
Ethereum developer interest hit new all-time highs in 2023 And @Solana, @0xPolygonLabs, @Optimism also saw increased dev interest last year https://t.co/4gwZkzeGwn
Ethereum developer interest hit new all-time highs in 2023 despite a bear market: https://t.co/jpYj0Dkojb by TechCrunch #infosec #cybersecurity #technology #news