Quote from: kensaii on August 18, 2022, 07:48:35 PM

Do you have the latest data up to July? Cause this is already in everyone's expectations. The rush of new projects on the ETH smart contract slows down since ETH's price keep increasing in the last years. ETH ATH in Oct-Nov 2021 which we can see a massive cut-off from before there that. BNB, Sol, Matic,... greatly benefit from ETH's expensive transaction gas gwei. This is a reason why I support PoS cause after that, ETH will start to address the fees problem.

It's strange if the price increases while smart contracts decreases. I wonder if what drives it? But, I won't wonder if eth increase in value these days, that is because of its positive news. I think that once all updates are done and everything from eth have improved, that will be the time for the developers to come back and the number of smart contract projects is going to increase again.

You will love POS not only because it can cut down the fees but also it's more friendly to the environment however we still have a love left for some pow coins like bitcoins. It's impossible to ignore them because they are the reason on why the crypto market is growing strong.