Protocols on Ethereum witness high activity, but what does it mean for ETH

  • Protocols and Layer 2 solutions on Ethereum continue to improve
  • However, Ethereum’s state declines as network growth and velocity go down

Ethereum is still in the process of recovering from its post-Merge blues, meanwhile, protocols on the Ethereum network witnessed growth. According to crypto analytics firm Messari, Graph Protocol, a query network protocol for Ethereum, made massive strides in terms of activity.

Curators, Delegators, and Indexers grew on the network,…


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