In line with a recent ‘official report‘ published by ‘Diar’, Ethereum [ETH] volumes on DApps [Decentralized applications] have registered an all time new high, however new ‘DApps‘ arriving on-chain are considerably low.
The volume of Ethereum transacted earlier in April on DApps ‘crossed‘ the previous record that was set last Dec. by a small margin. This, Diar adds, marks a four-month growth trend in on-chain volumes, with 776,000 ETH transacted.
Diar outlined that this year is the longest growth period in terms of transacted volume that Ethereum DApps have ever seen. Around $132 Mln transacted on DApps are marking a four-month high in a row growth and an eight-month high.
However at the same time, the number of new DApps deployed on-chain is at a low, that nearly reflects 2017 levels, with around 88 new DApps being deployed. Diar adds, “Last month wraps up a continual declining trend in deploying since from earlier September last year, bar a flurry of new DApps that went on-chain at the end of last year, that marked the height of development to this point.”
Later in April, Ethereum co-founder Vitalik Buterin ‘revealed‘ a better staking reward for the approaching PoS [Proof-of-Stake] algorithm implementation on the ETH ‘blockchain‘. According to the proposal, 2,097,152 Ethereum per annum would be issued once 134,217,728 ether are staked and validating transactions, leading to an annual return for stakers of around 1.56%.