According to a report from alchemyplatform, in Q1 2023, Ethereum SDK installations reached an average of 1.9 million installed per week – a 47% year-over-year increase. camgthompson reports
Jason Shah, head of growth at Alchemy told CoinDesk that although crypto winter has been long and trying for many Web3 developers, there’s still an incentive to stick around for when the market finally returns to its previous levels.
“It’s certainly not easy to survive a crypto bear market and the longer it goes, the more challenging it can be,” said Shah. “But what we're noticing is most of the builders who are in the space are here for the technology, and so many people certainly look forward to a return in more top-line metrics like prices, and a lot of new projects being launched and new funding entering the space.”
While the last quarter may bring promise to the crypto space, it certainly has been challenging for many companies to not only hold their funds but confidently operate as expected. The recent collapses of
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