Record number of smart contracts deployed on Ethereum

The number of smart contracts deployed in Ethereum amounted to nearly 2 million during March.

The Ethereum network hosted near 2 million smart contracts during March, representing a 75% increase over the previous month and reaching a new milestone in the history of the platform.

The analysis performed by Dune Analytics collects the number of smart contracts deployed the last year, averaging 670,000 contracts per month. The previous record was in October 2019, when there were 1,119,256 smart operating contracts. The same analysis also shows how the cost of implementing these contracts during March was 11,621$, one of the lowest in the period. The previous low occurred in April 2019, hovering around 5,500$; but during that month only 384,329 smart contracts were executed on the network. The figures on the cost of implementation are based on the price in dollars of the amount of ETH used to execute the contracts.

Ethereum smart contract deployments

These differences could be motivated by the recent decline in prices in the cryptocurrency market. In particular, the price of ETH fell from $ 240 to $ 133 from January to March 2020, maintaining a price close to $ 190 according to CoinMarketCap. Smart Contracts are the most prominent feature of Ethereum, and it has inspired other platforms such as EOS, Cardano, and Tezos, which also use these tools and which are estimated to continue to grow, and even that the quality and fidelity of the data stored in these blockchains will increase thanks to the technology they use.

  • Twitter
  • LinkedIn
  • Facebook
  • Instagram
  • RSS

The advice provided on this website is general advice only. It has been prepared without taking into account your objectives, financial situation, or needs. All statements made on this website are made in good faith and we believe they are accurate and reliable. This website disclaims all and any guarantees, undertakings, and warranties, expressed or implied, and shall not be liable for any loss or damage whatsoever (including human or computer error, negligent or otherwise, or incidental or consequential loss or damage) arising out of or in connection with any use or reliance on the information or advice on this site. Before acting on this advice you should consider the appropriateness of the advice, having regard to your objectives, financial situation, and needs. Where any product(s) is/are detailed on this website, you should obtain a Product Disclosure Statement relating to the product(s), consider its contents and obtain professional advice before making any decisions. The information on this website is not a substitute for financial advice. Past performance is not indicative of future performance. Cardano™ is a trademark of Cardano Foundation, CHE-184.477.354, Dammstrasse 16, 6300 Zug, Switzerland, in Switzerland and other countries.  Copyright © 2020 by Vantica Trading. All rights reserved.. Madrid  Spain.

We receive, collect, and store any information you enter on our website or provide us in any other way. In addition, we collect the Internet protocol (IP) address used to connect your computer to the Internet; login; e-mail address; password; computer and connection information and purchase history. We may use software tools to measure and collect session information, including page response times, length of visits to certain pages, page interaction information, and methods used to browse away from the page. We also collect personally identifiable information (including name, email, password, communications); payment details (including credit card information), comments, feedback, product reviews, recommendations, and personal profile. Our website is hosted on the platform. provides us with an online platform that allows us to sell our products and services to you. Your data may be stored through’s data storage, databases, and general applications. They store your data on secure servers behind a firewall. All direct payment gateways offered by and used by our company adhere to the standards set by PCI-DSS as managed by the PCI Security Standards Council, which is a joint effort of brands like Visa, MasterCard, American Express and Discover. PCI-DSS requirements help ensure the secure handling of credit card information by our store and its service providers... Please read our complete  Privacy Policy.

© 2020 by Vantica Trading,