Developer exercise on web3 protocols is at lows not seen for the reason that finish of 2020. The information cycles for months on finish have been dominated by hypothesis concerning the Bitcoin ETF and SBF’s trial. Each of which we hope to have closure on earlier than the 12 months’s finish. This repetitive information cycle is not nice for uplifting individuals to become involved with web3, however crypto is essentially the most mainstream a part of web3.