[ad_1] <br><div id=""><div class="code-block code-block-2" style="margin: 8px 0; clear: both;"> <a target="_blank" rel="nofollow noopener" href="https://link.cryptoslate.com/haru_aa1c19" class="placement"> <noscript><img width="600" height="500" style="max-width: 300px" src="https://cryptoslate.com/wp-content/uploads/2022/12/haru_img_a150_reward_promo_3_600x500.jpg" alt="Haru Invest"/></noscript><img class="lazyload" width="600" height="500" style="max-width: 300px" src="https://cryptoslate.com/wp-content/uploads/2022/12/haru_img_a150_reward_promo_3_600x500.jpg" alt="Haru Invest"/> </a></div><p>Programming language compiler Cairo is now the third largest sensible contract language by whole worth locked (TVL), in line with DeFiLlama <a target="_blank" href="https://defillama.com/languages" rel="noopener">data</a>.</p><p>As of Dec. 26, Cairo has a TVL of $418.23 million. Compared, the programming language of layer1 blockchain networks like Solana’s (<a target="_blank" href="https://cryptoslate.com/coins/solana/" rel="noopener">SOL</a>) Rust has a TVL of $396.22 million, whereas Cardano’s (<a target="_blank" href="https://cryptoslate.com/coins/cardano/" rel="noopener">ADA</a>) Haskell TVL is $53.27 million.</p><h2>Solana’s Rust decline</h2><p>A yr in the past, Solana’s Rust had a TVL of round $12 billion, coinciding with when the Layer-1 community was considered as a significant competitor to Ethereum.</p><p>Since then, the community has needed to battle a collection of <a target="_blank" href="https://cryptoslate.com/videos/mythbusting-solana-downtime-competition-and-technology-with-matt-sorg-of-solana-foundation-slatecast-38/" rel="noopener">outages</a>, and its <a target="_blank" href="https://cryptoslate.com/solana-crashes-55-in-november-but-nft-trades-still-booming/" rel="noopener">connection</a> to Sam Bankman-Fried’s crypto empire birthed a cloud across the challenge.</p><p>In response to DeFiLlama knowledge, Solana has a TVL of $214.92 million, behind different blockchain networks like Avalanche (<a target="_blank" href="https://cryptoslate.com/coins/avalanche/" rel="noopener">AVAX</a>), Polygon (<a target="_blank" href="https://cryptoslate.com/coins/polygon/" rel="noopener">MATIC</a>), Cronos (<a target="_blank" href="https://cryptoslate.com/coins/cronos/" rel="noopener">CRO</a>), and many others.</p><p>In the meantime, the native token of the ecosystem SOL is down greater than 90% in 2022. It's at the moment buying and selling at $11.20, with a number of analysts predicting that the asset’s worth will go to zero.</p><p>Moreover that, well-liked Solana NFT tasks like y00ts and DeGods introduced they might bridge to Polygon and Ethereum in 2023.</p><p>Crypto YouTuber Brian Armstrong (BitBoy), whereas describing Solana’s scenario, <a target="_blank" href="https://twitter.com/Bitboy_Crypto/status/1606766511057784838?s=20&t=h88uA3_BGLql_cq-9jl8jw" rel="noopener">said</a>:</p><blockquote><p>“<span class="css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0">A coin being down 90%+ shouldn't be a loss of life sentence. Nonetheless, </span><span class="css-901oao css-16my406 r-poiln3 r-b88u0q r-bcqeeo r-qvutc0">Solana</span><span class="css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0"> has additionally misplaced a whopping 90% of its builders. And 100% of its momentum.”</span></p></blockquote><h2>Ethereum-related languages dominate</h2><p>In the meantime, the dominant sensible contract language is Ethereum’s Solidity, with a TVL of $50.4 billion. Christian Reitwiessner, Alex Beregszaszi, and a number of other former Ethereum core contributors developed the language.</p><p>Vyper is the second-largest sensible contract language, with a TVL of $3.98 billion. The programing language can be used to develop sensible contracts appropriate with Ethereum Digital Machines (EVM).</p><p>Cairo was created in 2020 however turned well-liked in 2022 with the expansion of StarkNet’s Zero-knowledge (ZK) rollup ecosystem — a Layer-2 community working on Ethereum. A number of protocols like decentralized change dYdX, ImmutableX, and dapps like Celer, Canvas, and Sorare run on the community.</p><p>The above means that the highest three programming languages by TVL are associated to the Ethereum community.</p></div><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <br>[ad_2] <br><a href="https://news.google.com/__i/rss/rd/articles/CBMiT2h0dHBzOi8vY3J5cHRvc2xhdGUuY29tL2V0aGVyZXVtLWwyLWxhbmd1YWdlLWNhaXJvcy10dmwtc3VycGFzc2VzLXNvbGFuYXMtcnVzdC_SAVVodHRwczovL2NyeXB0b3NsYXRlLmNvbS9ldGhlcmV1bS1sMi1sYW5ndWFnZS1jYWlyb3MtdHZsLXN1cnBhc3Nlcy1zb2xhbmFzLXJ1c3QvP2FtcD0x?oc=5">Source link </a>
Ethereum L2 language Cairo's TVL surpasses Solana's Rust
[ad_1] Programming language compiler Cairo is now the third largest sensible contract language by whole worth locked (TVL), in line with DeFiLlama data.As of Dec. 26, Cairo has a TVL of $418.23 million. Compared, the programming language of layer1 blockchain networks like Solana’s (SOL) Rust has a TVL of $396.22 million, whereas Cardano’s (ADA) Haskell TVL is $53.27 million.Solana’s Rust declineA yr in the past, Solana’s Rust had a TVL of round $12 billion, coinciding with when the Layer-1 community was considered as a significant competitor to Ethereum.Since then, the community has needed to