Despite the fierce headwinds the crypto industry faced over the last year, Web3 development activity has grown at an impressive rate, according to a new report.
One such key indicator is the number of smart contracts deployed on the Ethereum mainnet, which grew 293% as compared to 2021, reaching rates that resembled the peaks of the previous year, per the “Q4’22 State of Web3 report” released today by blockchain software and development company Alchemy.
Remarkably, this peak of activity…
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