Amid Crypto Winter, Web3 Developers Are More Active Than Ever: Report

Web3 developers are more active than ever during the crypto winter

The crypto bear market does not appear to have deterred Web3 developers, with one Web3 platform claiming they are "more active than ever" - notably on the Ethereum network. Web3 development platform Alchemy revealed in a new Q3 2022 report released on Oct. 13 that 2022 might be the "greatest year yet" for Web3 developers. As per the report, over 36% of all smart contracts ever released and certified on the blockchain were in 2022, a total of nearly 118,000 compared to the over 323,700 ever deployed.