Data: Ethereum developer activity reaches a new high, with 8.7 million smart contracts deployed in Q4 2025

2026-01-04 11:10:49

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Odaily Planet Daily reports that Onchain Foundation research director Leon Waidmann cited Token Terminal data in a post on the X platform, stating that Ethereum developer activity has reached a new all-time high. In Q4 2025, a total of 8.7 million smart contracts were deployed, the highest quarterly figure ever. Developers are focusing on development rather than speculation; more contracts mean more DApps, RWA, stablecoins, and infrastructure, with related activities accelerating into 2026. Ethereum’s role as the core execution and settlement layer continues to strengthen.

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