Decentralized apps on Polygon hit 37,000, rocketing 400% this year

cointelegraph.com:

The number of decentralized applications (DApps) on Ethereum-scaling-platform Polygon has topped 37,000, marking a 400% increase since the start of 2022.

The Polygon team shared the figures via an Aug. 10 blog post, which was sourced from partnered Web3 development platform Alchemy, noting that the figure represents the cumulative number of applications ever launched on both the testnet and mainnet. 

It also noted that the number of monthly active teams — a measure of developer activity on a blockchain — reached 11,800 at the end of July, up a whopping 47.5% from March.

The project team also highlighted a breakdown of dApp projects which notably showed that “74% of teams integrated exclusively on Polygon, while 26% deployed on both Polygon and Ethereum.”

Polygon’s EVM compatible Proof-of-stake (PoS) blockchain hosts dApps from a long list of prominent projects and brands in the crypto space, such as NFT marketplace OpenSea, Metaverse platforms Decentraland and The Sandbox, decentralized finance (DeFi) lending platform Aave, and NFT venture fund/gaming firm Animoca Brands.

The blog post stated dApp usage on Polygon has seen more than “142 million unique user addresses and $5 billion in assets secured” with around 1.6 billion transactions processed on the network to date.

Polygon CEO Ryan Wyatt was clearly pleased with the growth, as he took to Twitter to note that "we're having quite a year at Polygon."

We’re having quite a year at @0xPolygon ~500 dApps in November, now 37,000+ with 11.8k active teams. “Many projects are increasingly choosing to build solely on Polygon. Alchemy data shows that 74% of teams integrated exclusively on Polygon”https://t.co/ERiLHJiVdh pic.twitter.com/UzKZPlazWD

Earlier this year, the Polygon team