Mergewith the update PoSEthereum ( ETH), last 16 monthsreached the highest number of smart contracts.
The decentralized smart contracts platform Ethereum successfully rolled out the Merge update in the crypto bear market. However, due to the effect of market conditions, it was not successful in terms of price. ETH price continued its bearish momentum. PoSstructured ETHhas become more efficient for smart contracts. gas The decrease in fees reflected positively on the applications on the platform. Despite price stability, increasing competition and the crypto bear market, smart contracts on the ETH network are on the rise.
Number of Ethereum Smart Contracts Tops
Popular cryptocurrency Ethereum stands out as the second largest project in the global investment index. However, the expensiveness of the network brought problems until the Merge update. Smart contracts have therefore been registered with BNB Chain. ETH to solve this situation Mergewith successful development.
With problems solved, entrepreneurs flock to the popular project. EthereumThere has been a noticeable increase in the number of people who issue projects based on smart contracts and write smart contracts.
CryptoQuantAccording to the analysis by October 9after date ETH based smart contracts have increased. The number of new contracts, which gained great momentum, made the expectations in the network positive. According to the analyst, the developers future of the marketand about situations in the network became optimistic.
