The Growth of Cryptocurrency Developers

The number of developers in the space, last month, 30,000 monthly active developers in crypto industry. That's a 60% increase over the start of the bull run back in 2020. We actually were up to more like 50,000 developers when we were at the peak of thebull run,. 40,000 developers. So that's exactly what Jay was just describing. And yes, it comes back down. It did last cycle as well, but we're still way, way, way higher. If anything, we're about 75% higher than we were in last year's bear market.