, smart contracts continued to be one of the hottest trends in crypto in the second quarter of 2023.
. The contrast reflected the industry’s resilience and unwavering confidence in decentralized applications .As per the report, BNB Chain retained its dominance throughout the quarter, increasing its market share by seven percentage points to 45%.Token Terminal The total transaction count in May was 19% more than March’s count and was the most prolific month for transactions in 2023 so far. Additionally, the monthly average of daily active users also spiked 8% in May from the previous month.Ethereum, which popularized the concept of smart contracts, maintained its position as the second-largest home for these self-executing programs. Its continued relevance could be gauged by steady growth in market share, from 31% in April to 34% by the end of June.