WebsCryptoWebsCrypto
  • News
  • Prices
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Opinions
  • Guides
  • PR
  • Sponsored
WebsCryptoWebsCrypto
Advertise
  • News
  • Prices
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Opinions
  • Guides
  • PR
  • Sponsored
WebsCryptoWebsCrypto
WebsCrypto—News—Ethereum News—Ethereum and Non-EVM Compliant Chain Developer Activity Declines Significantly in 2022
Ethereum News

Ethereum and Non-EVM Compliant Chain Developer Activity Declines Significantly in 2022

By Simon LawsonDecember 9, 2022
Ethereum and Non-EVM Compliant Chain Developer Activity Declines Significantly in 2022
Facebook Twitter Telegram LinkedIn Reddit WhatsApp Email

According to TheBlock data, cryptographic developer activity on Ethereum and non-EVM-compatible chains will drop significantly in 2022. Among them, non-EVM chains saw the largest decline in weekly active developers.

Activity on Ethereum and EVM-compatible chains has also declined, but Ethereum itself maintains a significant share.

It is reported that developer activity is an important data used to measure the health of the blockchain ecosystem; it can usually reflect the overall on-chain activity and price situation. When money is withdrawn from the ecosystem, there is less money available to fund new projects and developers.

According to Gokustats, the number of contracts deployed on the L2 platform Arbitrum saw a significant increase in the fourth quarter despite a significant decline in activity on EVM and non-EVM chains. Possibly due to speculation and enthusiasm for the Arbitrum token airdrop, on-chain transaction costs spiked in late June, with daily transaction volume surging to new all-time highs.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
Related News
Ethereum's Growing Dominance in the Cryptocurrency Market
Ethereum News January 11, 2023

Ethereum’s Growing Dominance in the Cryptocurrency Market

Mexican Central Bank Digital Currency Unlikely to Launch by 2024
Market News January 9, 2023

Mexican Central Bank Digital Currency Unlikely to Launch by 2024

Bankman-Fried Fights for Control of $460 Million Robinhood Shares, Claiming They're Necessary for Criminal Defense
Business News January 9, 2023

Bankman-Fried Fights for Control of $460 Million Robinhood Shares, Claiming They’re Necessary for Criminal Defense

Bitcoin's Hashrate Reaches Record-Setting High, Network Difficulty Expected to Follow Suit
Bitcoin News January 8, 2023

Bitcoin’s Hashrate Reaches Record-Setting High, Network Difficulty Expected to Follow Suit

French National Arrested in NY for Alleged $2.9M NFT Fraud
NFT News January 8, 2023

French National Arrested in NY for Alleged $2.9M NFT Fraud

SEC May Take Enforcement Action Against Coinbase
Business News January 8, 2023

SEC May Take Enforcement Action Against Coinbase

The Latest
Supreme Court To Decide on Panamanian Crypto Bill After Congressional Rejection
Market News February 1, 2023
Supreme Court To Decide on Panamanian Crypto Bill After Congressional Rejection
The Fair Market Value of Bitcoin Held by Tesla in 2022 Is $191 Million, and the Impairment Loss Is $204 Million
Bitcoin News February 1, 2023
The Fair Market Value of Bitcoin Held by Tesla in 2022 Is $191 Million, and the Impairment Loss Is $204 Million
Bitcoin Surges to New Highs, Best January in a Decade
Bitcoin News February 1, 2023
Bitcoin Surges to New Highs, Best January in a Decade
Hermes vs MetaBirkin: Trademark Dispute Over NFT Art Headed to Court in NYC
NFT News January 31, 2023
Hermes vs MetaBirkin: Trademark Dispute Over NFT Art Headed to Court in NYC
Australian Regulator Warns Against FTX Exchange Eight Months Before Its Collapse
Business News January 31, 2023
Australian Regulator Warns Against FTX Exchange Eight Months Before Its Collapse

WebsCrypto contains crypto news about cryptocurrencies, bitcoin, ethereum, altcoins and more.

Facebook Twitter Instagram LinkedIn Telegram RSS
News
  • Bitcoin News
  • Ethereum News
  • Altcoin News
  • NFT News
  • Market News
  • Business News
Information
  • Opinions
  • Guides
  • Press Release
  • Sponsored
Services
  • About Us
  • Contact Us
  • Advertise
© 2023 WebsCrypto.
  • Privacy Policy
  • Terms of Service

Type above and press Enter to search. Press Esc to cancel.