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Protocols on Ethereum Witness High Activity, but What Does It Mean for ETH

  • Protocols and Layer 2 solutions on Ethereum continue to improve
  • However, Ethereum’s state declines as network growth and velocity go down

Ethereum is still in the process of recovering from its post-Merge blues, meanwhile, protocols on the Ethereum network witnessed growth. According to crypto analytics firm Messari, Graph Protocol, a query network protocol for Ethereum, made massive strides in terms of activity.

Curators, Delegators, and Indexers grew on the network, indicating a larger potential for scaling.

The number of Indexers (+32%), Delegators (+10%), and Curators (+2%) continues to increase QoQ as more mainnet subgraphs are deployed.

(by Suzuki Shillsalot)

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