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Web3 Developers More Active Than Ever Despite Crypto Winter
New data shows the skyrocketing usage of two critically important Web3 libraries: Ethers.js and Web3.js. While the smart contract deployment rate dropped 45% mid cycle in 2017 and 2020, it has increased 50% since 2021. According to Tagus Capital Multi-Strategy Fund, this shows that "blockchain technology adoption continues strongly despite the drop in crypto prices."
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