Despite stagnating prices of cryptos and dwindling investments by institutional players, the number of verified smart contracts rose in Q2.
, smart contracts continued to be one of the hottest trends in crypto in the second quarter of 2023.
. The contrast reflected the industry’s resilience and unwavering confidence in decentralized applications .As per the report, BNB Chain retained its dominance throughout the quarter, increasing its market share by seven percentage points to 45%.Token Terminal The total transaction count in May was 19% more than March’s count and was the most prolific month for transactions in 2023 so far. Additionally, the monthly average of daily active users also spiked 8% in May from the previous month.Ethereum, which popularized the concept of smart contracts, maintained its position as the second-largest home for these self-executing programs. Its continued relevance could be gauged by steady growth in market share, from 31% in April to 34% by the end of June.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BNB Chain’s Q2 was disappointing, but will Q3 be different?The distributed blockchain network accomplished certain advancements in the quarter. But the SEC hammer appeared and plunged some areas of the ecosystem.
Read more »
Ethereum brushes against range lows, prices to drop further?Ethereum prices hovered just above the $1845 mark but the Open Interest chart slid lower to show bearish sentiment and discouraged longs.
Read more »
BTC’s increased on-chain movement indicates this about the networkBitcoin's on-chain activity surges, sparking hope for a positive price move. New addresses rise, holders increase, but challenges persist.
Read more »
McDonald’s tops quarterly sales estimates as cheaper items draw consumersMcDonald’s shares rose nearly 2% to $297.09 in premarket trading after the restaurant chain reported its quarterly earnings
Read more »
Ford raises annual pre-tax profit outlook on demand for SUVs, pickup trucksAn improvement in the overall supply chain has aided auto makers to ramp up production and get enough vehicles to dealer lots on time to meet a strong demand
Read more »
Car-carrying cargo ship still ablaze near sensitive Dutch bird habitatThe Japanese\u002Downed ship carrying 2,857 cars, including 25 electric cars, is close to a chain of islands and the Wadden Sea
Read more »