Ethereum simply posted its highest ever smart-contract exercise.
Based on Token Terminal, 8.7M contracts had been deployed in This fall, an enormous rebound after decrease exercise earlier within the 12 months. A lot of the progress got here from stablecoins, real-world asset tokenization, and infrastructure work, not hypothesis.
Contract deployment often leads precise utilization, which means extra customers, extra transactions, and better charges typically comply with later.
ETH briefly hit ~$5K earlier this 12 months earlier than the October liquidation occasion and is now buying and selling close to $3K.
Do you see this as the beginning of one other long-term progress section for Ethereum?
submitted by /u/Hungry_Hippo_9930 [comments]
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