Account Abstraction Ecosystem Growth – Data & Statistics

Karolina

07 Dec 2023
Account Abstraction Ecosystem Growth – Data & Statistics

As of December 2023, a sequence of indicators highlights the escalating attention garnered by Account Abstraction impactful concept. The cumulative count of active accounts has reached 1,500,000 and the aggregate count of successfully executed UserOperations has reached 7,230,000 (Data: DUNE)

Account Abstraction

What is Account Abstraction?

Account Abstraction (AA) has emerged as a pivotal innovation in the realm of blockchain and cryptocurrencies, redefining user interactions and broadening the scope of decentralized applications. As we delve into 2023, AA's ecosystem has witnessed a remarkable upsurge, underscoring its growing significance in the industry. This article aims to dissect this surge, unraveling the intricate web of data and statistics that underscore the expansion of AA. By exploring the latest trends, technological advancements, and the economic implications within this dynamic domain, we seek to provide a detailed perspective on the growth trajectory of Account Abstraction and its profound impact on the future of Web3 and digital finance.

The Surge of Account Abstractions in 2023

In 2023, the Account Abstraction (AA) sector has experienced a remarkable upswing, marked by the deployment of over 1,500,000 ERC-4337 accounts across key platforms like Ethereum, Arbitrum, Optimism, and Polygon. This notable increase reflects a growing user base and heightened activity in the AA ecosystem. Enhanced user operations have become evident, showcasing a broader acceptance and integration of AA into the mainstream blockchain infrastructure. This surge not only signifies technological progress but also indicates a shift in how users interact with blockchain applications, paving the way for more intuitive and accessible decentralized services.

Platform-Specific Growth Analysis

Polygon Account Abstraction Statistics

Polygon's Leap Forward: Polygon has made notable strides in AA, driven by its user-friendly approach and strategic collaborations. The platform has seen a surge in account numbers and user operations, contributing significantly to the AA ecosystem.

DATA as of 7th December:

1,081,723 - Total Accounts

5,846,241 - Total Successful UserOps (Pseudo-transactions made by smart accounts)

3,992,105 - Total ERC-4337 Bundle Transactions (Bundles of UserOps executed together)

156,363.46 MATIC - Polygon Total Gas Sponsored by Paymasters (Gas fees paid on behalf of users by paymasters)

Source: DUNE

Optimism Account Abstraction Statistics

This platform has demonstrated substantial growth in AA. It focus on scaling solutions and user experience improvements has led to increased account growth and user operations, indicating their growing influence in the AA landscape.

DATA as of 7th December:

192,722 - Total Accounts

576,854 - Total Successful UserOps (Pseudo-transactions made by smart accounts)

464,609 - Total ERC-4337 Bundle Transactions (Bundles of UserOps executed together)

159.52 ETH - Optimism Total Gas Sponsored by Paymasters (Gas fees paid on behalf of users by paymasters)

Source: DUNE

Arbitrum Account Abstraction Statistics

Arbitrum has seen a significant uptick in AA adoption. Its focus on scalability and efficient transaction processing has attracted a growing number of users and developers, leading to an increase in the deployment of AA accounts and the volume of user operations.

DATA as of 7th December:

234,278 - Total Accounts

358,976 - Total Successful UserOps (Pseudo-transactions made by smart accounts)

334,007 - Total ERC-4337 Bundle Transactions (Bundles of UserOps executed together)

115.19 ETH - Arbitrum Total Gas Sponsored by Paymasters (Gas fees paid on behalf of users by paymasters)

Source: DUNE

The Role of Paymasters and Bundlers

In the AA ecosystem, Paymasters and Bundlers play a critical role. Paymasters act as financial guarantors, ensuring transaction fees are covered, while Bundlers aggregate transactions for efficiency and speed. 2023 has seen a significant growth in transactions involving both, reflecting their increasing importance in the ecosystem. This growth not only enhances the user experience by simplifying transactions but also contributes to the robustness and scalability of the AA framework.

Financial Implications

Financially, the growth in AA has had notable implications. The increase in transactions has led to higher revenue for both Bundlers and Paymasters. This growth impacts gas fees, influencing the overall economic dynamics within the blockchain ecosystem. The expansion of AA thus plays a vital role in shaping the financial landscape of decentralized networks.

Conclusion

The growth of Account Abstraction in 2023 marks a significant milestone in the blockchain sector. The increasing role of Paymasters and Bundlers, coupled with the financial implications of this growth, underscores the evolving nature of blockchain technology. This expansion not only enhances user experience and transaction efficiency but also has a profound economic impact, paving the way for further innovations and adoption in the broader blockchain ecosystem.

READ about successful case studies

If you are interested in utilizing Account Abstraction or other blockchain-based solutions for your project, please reach out to contact@nextrope.com

FAQ

What is the growth trend of Account Abstraction in 2023?

  • Over 1.5 million ERC-4337 accounts deployed, reflecting increased activity.

What are the specific growth statistics for Polygon, Optimism, and Arbitrum in terms of Account Abstraction?

  • All platforms show substantial growth in accounts and successful operations.

The financial implications of the growth in Account Abstraction

  • Increased revenue for Bundlers and Paymasters, impacting gas fees and the overall economy.

What roles do Paymasters and Bundlers play in the Account Abstraction ecosystem?

  • Paymasters ensure fee coverage, while Bundlers aggregate transactions for efficiency.

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AI in Real Estate: How Does It Support the Housing Market?

Miłosz Mach

18 Mar 2025
AI in Real Estate: How Does It Support the Housing Market?

The digital transformation is reshaping numerous sectors of the economy, and real estate is no exception. By 2025, AI will no longer be a mere gadget but a powerful tool that facilitates customer interactions, streamlines decision-making processes, and optimizes sales operations. Simultaneously, blockchain technology ensures security, transparency, and scalability in transactions. With this article, we launch a series of publications exploring AI in business, focusing today on the application of artificial intelligence within the real estate industry.

AI vs. Tradition: Key Implementations of AI in Real Estate

Designing, selling, and managing properties—traditional methods are increasingly giving way to data-driven decision-making.

Breakthroughs in Customer Service

AI-powered chatbots and virtual assistants are revolutionizing how companies interact with their customers. These tools handle hundreds of inquiries simultaneously, personalize offers, and guide clients through the purchasing process. Implementing AI agents can lead to higher-quality leads for developers and automate responses to most standard customer queries. However, technical challenges in deploying such systems include:

  • Integration with existing real estate databases: Chatbots must have access to up-to-date listings, prices, and availability.
  • Personalization of communication: Systems must adapt their interactions to individual customer needs.
  • Management of industry-specific knowledge: Chatbots require specialized expertise about local real estate markets.

Advanced Data Analysis

Cognitive AI systems utilize deep learning to analyze complex relationships within the real estate market, such as macroeconomic trends, local zoning plans, and user behavior on social media platforms. Deploying such solutions necessitates:

  • Collecting high-quality historical data.
  • Building infrastructure for real-time data processing.
  • Developing appropriate machine learning models.
  • Continuously monitoring and updating models based on new data.

Intelligent Design

Generative artificial intelligence is revolutionizing architectural design. These advanced algorithms can produce dozens of building design variants that account for site constraints, legal requirements, energy efficiency considerations, and aesthetic preferences.

Optimizing Building Energy Efficiency

Smart building management systems (BMS) leverage AI to optimize energy consumption while maintaining resident comfort. Reinforcement learning algorithms analyze data from temperature, humidity, and air quality sensors to adjust heating, cooling, and ventilation parameters effectively.

Integration of AI with Blockchain in Real Estate

The convergence of AI with blockchain technology opens up new possibilities for the real estate sector. Blockchain is a distributed database where information is stored in immutable "blocks." It ensures transaction security and data transparency while AI analyzes these data points to derive actionable insights. In practice, this means that ownership histories, all transactions, and property modifications are recorded in an unalterable format, with AI aiding in interpreting these records and informing decision-making processes.

AI has the potential to bring significant value to the real estate sector—estimated between $110 billion and $180 billion by experts at McKinsey & Company.

Key development directions over the coming years include:

  • Autonomous negotiation systems: AI agents equipped with game theory strategies capable of conducting complex negotiations.
  • AI in urban planning: Algorithms designed to plan city development and optimize spatial allocation.
  • Property tokenization: Leveraging blockchain technology to divide properties into digital tokens that enable fractional investment opportunities.

Conclusion

For companies today, the question is no longer "if" but "how" to implement AI to maximize benefits and enhance competitiveness. A strategic approach begins with identifying specific business challenges followed by selecting appropriate technologies.

What values could AI potentially bring to your organization?
  • Reduction of operational costs through automation
  • Enhanced customer experience and shorter transaction times
  • Increased accuracy in forecasts and valuations, minimizing business risks
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Want to implement AI in your real estate business?

Nextrope specializes in implementing AI and blockchain solutions tailored to specific business needs. Our expertise allows us to:

  • Create intelligent chatbots that serve customers 24/7
  • Implement analytical systems for property valuation
  • Build secure blockchain solutions for real estate transactions
Schedule a free consultation

Or check out other articles from the "AI in Business" series

AI-Driven Frontend Automation: Elevating Developer Productivity to New Heights

Gracjan Prusik

11 Mar 2025
AI-Driven Frontend Automation: Elevating Developer Productivity to New Heights

AI Revolution in the Frontend Developer's Workshop

In today's world, programming without AI support means giving up a powerful tool that radically increases a developer's productivity and efficiency. For the modern developer, AI in frontend automation is not just a curiosity, but a key tool that enhances productivity. From automatically generating components, to refactoring, and testing – AI tools are fundamentally changing our daily work, allowing us to focus on the creative aspects of programming instead of the tedious task of writing repetitive code. In this article, I will show how these tools are most commonly used to work faster, smarter, and with greater satisfaction.

This post kicks off a series dedicated to the use of AI in frontend automation, where we will analyze and discuss specific tools, techniques, and practical use cases of AI that help developers in their everyday tasks.

AI in Frontend Automation – How It Helps with Code Refactoring

One of the most common uses of AI is improving code quality and finding errors. These tools can analyze code and suggest optimizations. As a result, we will be able to write code much faster and significantly reduce the risk of human error.

How AI Saves Us from Frustrating Bugs

Imagine this situation: you spend hours debugging an application, not understanding why data isn't being fetched. Everything seems correct, the syntax is fine, yet something isn't working. Often, the problem lies in small details that are hard to catch when reviewing the code.

Let’s take a look at an example:

function fetchData() {
    fetch("htts://jsonplaceholder.typicode.com/posts")
      .then((response) => response.json())
      .then((data) => console.log(data))
      .catch((error) => console.error(error));
}

At first glance, the code looks correct. However, upon running it, no data is retrieved. Why? There’s a typo in the URL – "htts" instead of "https." This is a classic example of an error that could cost a developer hours of frustrating debugging.

When we ask AI to refactor this code, not only will we receive a more readable version using newer patterns (async/await), but also – and most importantly – AI will automatically detect and fix the typo in the URL:

async function fetchPosts() {
    try {
      const response = await fetch(
        "https://jsonplaceholder.typicode.com/posts"
      );
      const data = await response.json();
      console.log(data);
    } catch (error) {
      console.error(error);
    }
}

How AI in Frontend Automation Speeds Up UI Creation

One of the most obvious applications of AI in frontend development is generating UI components. Tools like GitHub Copilot, ChatGPT, or Claude can generate component code based on a short description or an image provided to them.

With these tools, we can create complex user interfaces in just a few seconds. Generating a complete, functional UI component often takes less than a minute. Furthermore, the generated code is typically error-free, includes appropriate animations, and is fully responsive, adapting to different screen sizes. It is important to describe exactly what we expect.

Here’s a view generated by Claude after entering the request: “Based on the loaded data, display posts. The page should be responsive. The main colors are: #CCFF89, #151515, and #E4E4E4.”

Generated posts view

AI in Code Analysis and Understanding

AI can analyze existing code and help understand it, which is particularly useful in large, complex projects or code written by someone else.

Example: Generating a summary of a function's behavior

Let’s assume we have a function for processing user data, the workings of which we don’t understand at first glance. AI can analyze the code and generate a readable explanation:

function processUserData(users) {
  return users
    .filter(user => user.isActive) // Checks the `isActive` value for each user and keeps only the objects where `isActive` is true
    .map(user => ({ 
      id: user.id, // Retrieves the `id` value from each user object
      name: `${user.firstName} ${user.lastName}`, // Creates a new string by combining `firstName` and `lastName`
      email: user.email.toLowerCase(), // Converts the email address to lowercase
    }));
}

In this case, AI not only summarizes the code's functionality but also breaks down individual operations into easier-to-understand segments.

AI in Frontend Automation – Translations and Error Detection

Every frontend developer knows that programming isn’t just about creatively building interfaces—it also involves many repetitive, tedious tasks. One of these is implementing translations for multilingual applications (i18n). Adding translations for each key in JSON files and then verifying them can be time-consuming and error-prone.

However, AI can significantly speed up this process. Using ChatGPT, DeepSeek, or Claude allows for automatic generation of translations for the user interface, as well as detecting linguistic and stylistic errors.

Example:

We have a translation file in JSON format:

{
  "welcome_message": "Welcome to our application!",
  "logout_button": "Log out",
  "error_message": "Something went wrong. Please try again later."
}

AI can automatically generate its Polish version:

{
  "welcome_message": "Witaj w naszej aplikacji!",
  "logout_button": "Wyloguj się",
  "error_message": "Coś poszło nie tak. Spróbuj ponownie później."
}

Moreover, AI can detect spelling errors or inconsistencies in translations. For example, if one part of the application uses "Log out" and another says "Exit," AI can suggest unifying the terminology.

This type of automation not only saves time but also minimizes the risk of human errors. And this is just one example – AI also assists in generating documentation, writing tests, and optimizing performance, which we will discuss in upcoming articles.

Summary

Artificial intelligence is transforming the way frontend developers work daily. From generating components and refactoring code to detecting errors, automating testing, and documentation—AI significantly accelerates and streamlines the development process. Without these tools, we would lose a lot of valuable time, which we certainly want to avoid.

In the next parts of this series, we will cover topics such as:

Stay tuned to keep up with the latest insights!