The number of decentralized applications (DApps) on Ethereum-scaling-platform Polygon has topped 37,000, marking a 400% increase since the start of 2022.
The Polygon team shared the figures via a Wednesday blog post, which was sourced from partnered Web3 development platform Alchemy, noting that the figure represents the cumulative number of applications ever launched on both the testnet and mainnet.
It also noted that the number of monthly active teams — a measure of developer activity on a blockchain — reached 11,800 at the end of July, up a whopping 47.5% from March.
The project team also highlighted a breakdown of DApp projects which notably showed that “74% of teams integrated exclusively on Polygon, while 26% deployed on both Polygon and Ethereum.”
Polygon’s Ethereum Virtual Machine- (EVM)-compatible proof-of-stake (PoS) blockchain hosts DApps from a long list of prominent projects and brands in the crypto space, such as nonfungible token (NFT) marketplace OpenSea, Metaverse...
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