Crypto Revival Propelling the Industry Forward
With increasing activity and an abundance of innovative applications, the crypto industry has seen a sustained growth in recent years. According to State of Crypto Annual Report 2023, 30,000 developers contributed to or built on crypto projects last month - an increase of more than 60% over the last 3 years. This thriving ecosystem is further evidenced by the growing number of active users, rising transactions, and NFT creators earning substantial revenue. Moreover, smart contracts have been leveraged as revolutionary tools enabling creative applications. All these developments point towards a bright future for crypto and provide a basis for optimism regarding its potential.