WalletConnect Ecosystem Edit #01: Year in review
@WalletConnect
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gm WalletConnectors, and welcome to the first issue of the WalletConnect Ecosystem Edit.
The Ecosystem Edit is a new series focused entirely on giving the WalletConnect Community a first look at progress and development across the ecosystem—from user and builder growth to new node operators and technical upgrades.
Each update shares new advancements and glimpses into what’s coming up for the network next. Whether you’re a community member, a node operator, or a user, the Ecosystem Edit is the place to keep updated on the WalletConnect Network.
As 2024 comes to a wrap, issue #01 looks back on a monumental year for the network, so without further ado, let’s dive in!
The ecosystem in 2024: A year of growth
Over the past year the WalletConnect Network has grown significantly, providing a backbone of connectivity to the onchain ecosystem for what has been a behemoth year for the industry’s development, growth, and all-around usage.
In 2023, the WalletConnect Network had provided the foundations for 7.2 million users to make 41 million connections across the onchain world. This year, the network has facilitated more than 179 million connections for over 31 million users, more than quadruple the impact on the previous year.
Where 2023 saw the industry close with an uncertain but hopeful outlook for the year ahead, the WalletConnect Network was actively facilitating 9.4 million monthly connections for 2.4 million users. As we close out this year, connections have more than doubled at over 22 million, spanning a total of 5.8 million users, an impressive 140% increase on the previous year, and record number of active users for the network in a single month.
