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>>Ethereum sees record developer activity as smart contract deployments skyrocket in late 2025.

Ethereum sees record developer activity as smart contract deployments skyrocket in late 2025.

crypthub

5 days ago

Developer Activity Surge

Ethereum saw an exponential rise in developer activity in Q4 2025, with 8.7 million smart contracts deployed, a record surpassing the 2021 peak of 6 million. The surge positioned Ethereum as the preferred layer for stablecoins, now holding roughly 54 % of global supply. Researchers note the focus shifted toward scalable product launches rather than speculation.

Quality vs Quantity Debate

Despite the high deployment count, critics warn that quantity does not equal quality, questioning how many contracts remain active versus abandoned. Active interactions are seen as a better health metric than raw deployments. The debate highlights the need for sustainable usage as the ecosystem expands.

Stablecoin Dominance

Ethereum’s stablecoin share outpaces other chains, with Tron at 26 %, Solana 5 % and BSC 4.7 %. Tron leads in transaction volume due to low fees, while Solana captures significant on‑chain activity, second only to Binance. The data reinforces Ethereum’s role as a trusted settlement and value‑storage layer.