Solana: Unique contracts deployment registers an increase, thanks to…

ambcrypto.com:

The Solana outage, which occurred not too long ago, revived debates about issues plaguing the network for a while. Recent smart contract deployment data, however, shows that Solana is still seeing a decent number of deployments despite these obstacles.

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According to statistics from Artemis, Solana has observed a rise in the number of unique contracts deployed on the network recently. Data collected indicate that the increase is not unique to March and is the greatest level for the entire year.

Seventy-five different contracts were active as of the time of writing. A few weeks ago, the figure had increased to 98, further demonstrating the volume of deployments that March has seen.

Source: Artemis

A smart contract’s deployment onto the blockchain network is referred to as a contract deployment in the context of cryptocurrencies. An automated program that runs on the blockchain called a “smart contract” can be used to automate the execution of contracts between parties.

A special kind of smart contract deployment called a unique contract deployment uses a contract code intended to be one-of-a-kind and unreplicable. The meaning is that only one contract instance can exist on the blockchain network, and the contract code cannot be copied or utilized in any other way.

Unique contract deployments, for instance, can be used to produce one-of-a-kind digital goods, such as collectibles or artwork, in the context of non-fungible tokens (NFTs). 

Given the increase in the deployment of unique contracts on Solana, we might soon see a new NFT collection on the network. It also shows that creators still had faith in the network despite the recent downtime.

Solana’s development activities increased