Over the past year, the activity of addresses in the Tezos ecosystem has increased significantly. Experts, having analyzed the increase in smart addresses in the network, concluded that the reason for everything is the rapid development of NFT projects that announced support for Tezos.
So, for example, as of February 1, 2022, the number of transactions using Tezos smart contracts has increased to 50 thousand per day. In turn, a year ago, this daily figure barely "reached" up to 10 thousand.
Analysts believe that the popularity of Tezos smart contracts is due to NFT projects that have introduced a feature for buying non-fungible tokens using the XTZ cryptocurrency.
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In just the last couple of months, several major NFT projects have reportedly announced support for Tezos.
The new partners of the above blockchain platform include the growing popularity of the FX Hash generative art platform. In this context, it is worth recalling the gaming giant Ubisoft, which recently released its collection of NFT products. Ubisoft, like many other platforms, has made it possible to purchase NFT items through the XTZ digital asset.
Among other things, experts pointed to another reason for the growing popularity of Tezos. So, recently, many have begun to complain about the high “network fees” of Ethereum - this hits the pockets of both users and developers. Against this background, the NFT community began to look for alternative networks for cooperation, as a result, Tezos became one. To date, the network fees of this ecosystem are among the lowest among competitors, which, in turn, cannot but attract new partners.