Data: Ethereum developer activity hits record high, with 8.7 million smart contracts deployed in Q4 2025.
TL;DR
Ethereum developer activity reached a record high in Q4 2025, with 8.7 million smart contracts deployed, driving growth in DApps and infrastructure into 2026.
Tags
[Data: Ethereum Developer Activity Hits Record High, 8.7 Million Smart Contracts Deployed in Q4 2025] According to Mars Finance, Leon Waidmann, Research Head at the Onchain Foundation, cited data from Token Terminal in an article published on the X platform, stating that Ethereum developer activity has reached an all-time high. Developers are engaged in development rather than speculation; more contracts mean more DApps, RWAs, stablecoins, and infrastructure, and this activity is accelerating into 2026. Ethereum's role as the core execution and settlement layer continues to strengthen.