(MENAFN- B2Press) The blockchain ecosystem and cryptocurrencies have completed another quarter, where they continue to be the topic of discussion. Blockchain technologies, which left 2022 behind in a winter mood, broke a new record with 15 million active users in March 2023. TURKEY - Complementing agendas such as the bankruptcies of major stock markets, falling investor confidence and a long crypto winter in 2022, blockchain technologies set a new record in the first quarter of 2023. According to the 2023 State of Crypto report published by Silicon Valley-based venture capital firm Andreessen Horowitz (a16z) in early April, blockchain technologies broke an all-time record by reaching 15 million active users in March.
Didem Gülyuva, Business Development Director of Gate Turkey, shared her evaluations on the subject and said,“Concepts such as GameFi, which develops with the power of blockchain-based games, and NFT, which brings a new dimension to digital ownership despite the shocks, develop the diversity of use of the blockchain. This brings with it the number of users that increase in every period in rising technology.”
Blockchain users doubled in 2 years The report by a16z pointed out that cryptocurrency prices are starting to stabilize as of 2023 after peaking in 2021. Noting that more than 700 Web3 games were released in 2022, the report also stated that the number of unique users transacting on the blockchain doubled in a 2-year period.
Stating that speculation has decreased, Web3 has gained real value, and business models have strengthened, Didem Gülyuva said,“Blockchain-focused financial technology initiatives that can scale better and develop better products are also able to reduce costs. Blockchain becomes more accessible as better commissions are offered on crypto transactions. The number of total blockchain transactions has also increased by half in the last two years.”
Key indicators are improving Pointing out that updates such as The Merge and Shanghai in ecosystems such as Ethereum show that progress has been made in terms of infrastructure, Gate Turkey Business Development Director Didem Gülyuva said,“Such structural developments are not reflected in the headlines except for the crypto money media. However, as stated in the a16z report, market capitalization, developer activity, financing, and investment rates have been increasing steadily for 10 years. Technologies that cannot even be imagined in the blockchain are becoming a reality. As short-term volatility reins in, the real promise of cryptocurrency and blockchain technologies may become more apparent. When evaluated in this sense, we can say that the basic indicators in the blockchain show a consistent trend of improvement. Our daily trading volume is over 5 billion dollars.”
Gate.io Turkey Business Development Director Didem Gülyuva, who stated that they operate in more than 224 countries and are used by more than 12 million users, with the motto of the door to crypto, concluded her evaluations with the following statements:
“Gate.io was founded in 2013, believing in the potential of cryptocurrency technologies, blockchain and decentralized finance. At the point we have reached today, we have listed more than 1,400 cryptocurrencies on our platform by conducting a careful selection process. As Gate.io, whose daily trading volume exceeds 5 billion dollars, we have the potential to improve every year with our different products such as spot trading, leveraged trading, leveraged ETF and futures, features that touch social investing such as investment copying, and special solutions we have developed for institutional or high-net-worth investors. We continue to work with the aim of being the pioneer of firsts, trust and ease of use in the blockchain ecosystem that shows and aligns."
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