- BNB Chain developers noted an increase in demand for blockchain solutions in Q2 2023.
- The number of verified smart contracts has increased. The popularity of L2 solutions has also jumped.
- The leader among networks remains BNB Chain with a share of over 45%.
The BNB Chain team announced an increase in the project’s key metrics for Q2 2023. This follows a report shared with Incrypted.
It states that the share of verified blockchain smart contracts increased by 7%, from 36% to 45%. Ethereum ranks second with a 3% gain.
Followed by Polygon (10-12%), Arbitrum (4.5%), Avalanche (2.2-2.7%), Optimism (1.5%) and Fantom (1.4%). The vast majority of blockchains have shown an increase in the number of smart contracts.
Number of deployed smart contracts across networks
“Despite a bearish market in Q2, as well as a decline in venture capital investment in this area, the number of verified smart contracts continued to grow, indicating the popularity of the industry as well as strong demand for blockchain solutions,” the report states.
It also provides the opinions and forecasts of Web3 experts. In particular, they noted a jump in demand for L2 networks.
Back in the fall of 2022, blockchain developers introduced zkBNB, a zero-disclosure proof-of-concept solution. The report states that thanks to it, among other things, the response to the ecosystem among users remains high.
While security, crypto and auditing tools will be the next trend, according to experts.
L2 solutions opBNB, launched in June 2023, and zkBNB, in turn, are poised for further growth due to cost-effectiveness and transparency, the developers emphasize.
L2 solutions opBNB, launched in June 2023, and zkBNB, in turn, are poised for further growth due to cost-effectiveness and transparency, the developers emphasize.