
10/n Developer activity has been declining. Overall weekly commits have fallen by 34%, and weekly active developers have fallen by 16% over the past 3M.
The health of the Ethereum developer ecosystem remains most robust. Ethereum saw the least decline in weekly active developer
9/n Overall TVL across L1s has declined by 26%, while overall crypto market cap has declined by 16%. Polygon ranks 3rd in overall TVL. Ethereum ranks 1st in overall TVL, Solana usage statistics are bad shape, seeing the worst decline (-80%) in TVL.
8/n Moving onto some leading usage data (s/o @Artemis__xyz amazing datasets).
Daily transaction activity across L1s has declined, but daily active addresses have picked up in selected chains.
@Polygon and @arbitrum stand out, seeing continued improvements.
6/n Among crypto exchanges, @Uniswap was the largest beneficiary post-FTX’s collapse: Uniswap rose the most (+13%) in market share compared to leading CEXes in share of total volume (excl. Binance). It ranks third in terms of overall volume seen in the past weeks.
s/o @KaikoData
Pretty stoked on the opportunities that may come in this alt-nation state that this community is building. Credits: @defillama
1. Betting on $LUNA is placing a bet on the widespread adoption on $UST - this seems to be playing out well, with cross-chain bridges being built to extend the reach of $UST. Credits: @Delphi_Digital
I'd like to think that I just bought one of the cutest holo/rainbow @doodles of all time. I'm no whale so spending 25E (~82K) on this is actually my biggest purchase thus far.
Some reasons that I believe that the doodles ecosystem will be one of the best plays in 2022:











