Ethereum and layer 2: massive increase in smart contracts and developers in 2022


Smart contracts galore – Ethereum is the most developed smart contract blockchain in the ecosystem. Indeed, it is the cradle of thousands of developers and applications. So much so that the number of dApps published on the network has skyrocketed.

293% more contracts on Ethereum

The year 2022 was full of twists and turns. Alternately, the Terra Luna casethen the collapse of 3AC and finally that of FTX punctuated a complicated year for the cryptocurrency ecosystem.

Nevertheless, despite bearish markets, developers as far as they are concerned keep putting their hands on. Thus, in a recent report published by Alchemy, we learn that the smart number contracts published on Ethereum has increased by 293% in the last quarter of 2022, even as the FTX platform was in full slump.

Evolution of the number of contracts published on Ethereum per quarter.

In total, 4.6 million smart contracts were deployed in the last quarter of 2022. By comparison, Ethereum only registered as many smart contracts twice, in 2020 and 2021.

For its part, the platform DappRadar count 16,000 decentralized applications. These are divided into three main categories:

  • DeFi, which accounts for 48% of dapps;
  • Gambling, which accounts for 16%;
  • Collectible, which represents 9%.

Nevertheless, the category to have experienced the most growth is none other than that of social apps.

Moreover, it seems that 2022 has brought a lot of new developers to the industry. Indeed, according to data compiled by Alchemythe usual developer tools saw a 16% increase in downloads.

For example, the ether.js JavaScript library was downloaded 1.1 million times, 122% more than in 2021.

The beginning of the advent of L2

Also, in 2022, we have seen the narrative emerge regarding second-layer solutions on Ethereum. Indeed, many solutions rollups were deployed during the year, finally opening their doors to users.

Unsurprisingly, the number of users who have used a bridge from Ethereum to these layer 2s has skyrocketed. Thus, more than 443,000 users transferred funds to L2smarking a 155% increase compared to 2021.

Evolution of the number of users of DeFi bridge protocols.
Evolution of the number of users of DeFi bridge protocols.

At the same time, layer 2 did not only attract users. Indeed, second-layer solutions have also massively appealed to developers. According to data fromAlchemyall layer 2 have seen their number of developers explode.

On the one hand, the teams of developers active on Arbitration have increased by 718% since 2021. On the other hand, Optimism has seen the use of its API grow by 1,000% since 2021.

Anyway 2023 should be a good year for layer 2. Indeed, after the Shanghai hard fork, many developments should directly concern layer 2.

Ready to explore dApps on Ethereum and layer 2? Current prices are an opportunity to add a few tokens to your wallet! To do this, register on AscendEX (commercial link).



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