According to BlockBeats, recent data from DeFiLlama reveals that the Ethereum network hosts 1,271 protocols, with 88% of them, or 1,121 projects, generating no revenue in the past 30 days. Similarly, the Solana ecosystem, which is smaller with 264 protocols, has seen 75% of its projects fail to produce income in recent days. This trend indicates a significant number of protocols on both chains have been unable to capture value recently.
The increase in inactive smart contracts contributes to storage burdens, security risks, and economic inefficiencies, hindering improvements in the overall user experience.
