According to the data information of DeFiLlama, Cairo, the compiler of programming language, is currently the third largest smart contract language of total locking (TVL).

As of December 26, the TVL in Cairo was 418.23 million US dollars. By comparison, the TVL of Solana (SOL) Rust's programming language of 1-tier blockchain technology network is $396.22 million, while that of Cardano (ADA) Haskell is $53.27 million.

The decline of Solana rust

A year ago, the TVL of Solana's Rust was about $12 billion, which coincided with the time when the layer 1 network was called an important competitor of Ethereum.

Since then, the network has had to solve a series of terminations, and its connection with Sam Bankman Fried's data encryption empire has added a dark shadow to this project.

According to the data information of DeFiLlama, Solana's TVL is 214.92 million dollars, lagging behind other blockchain technology networks such as avalanches (AVAX), irregular graphics (MATIC) and Cronos (CRO).

In addition, in 2022, the local token of the ecosystem SOL fell by more than 90%. At this stage, the buying and selling price is US $11.20, and several analysts predict that the use value of the asset will be zero.

In addition, new popular Solana NFT projects such as y00ts and DeGods announced that they will be converted to Polygon and Ethereum in 2023.

Brian Armstrong (BitBoy) of Crypto YouTube stated when describing Solana:

“It is not a capital crime for coins to fall by 90%. howeverSolanaIt also lost 90% of the real estate developers. There is also 100% drive. "

The dominant language of Ethereum

In addition, the core smart contract language is Ethereum Solidity, with TVL of US $50.4 billion. Christian Reitwiesner, Alex Beregszazi and many former key Ethereum promoters developed and designed the language.

Vyper is the second largest smart contract language, with TVL of 3.98 billion US dollars. The programming language is also used to develop smart contracts adapted to the Ethereum vm virtual machine (EVM).

Cairo was founded in 2020, but with the rapid development of StarkNet's zero expertise (ZK) inductive ecosystem (a second layer network operating in Ethereum), Cairo will become more and more popular in 2022. Some protocols are operated on the network, such as blockchain technology exchange dYdX, ImmutableX and dapp, such as Celer, Canvas and Sorare.

This article explains that the top three programming languages of TVL are related to Ethereum.