Cointelegraph••1 min read
Ethereum Onchain Development Surges: 8.7M Contracts Deployed in One Quarter
The Arch TakeBullish
According to Cointelegraph, onchain development activity on Ethereum has seen a sharp rebound. Data from Token Terminal indicates that 8.7 million contracts were deployed on the network in a single quarter, setting a new record. The increase in activity is reportedly driven by tokenized assets, stablecoins, and infrastructure developments on the Ethereum blockchain. This surge suggests renewed interest and growth within the Ethereum ecosystem.
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