In recently released data, blockchain infrastructure provider Covalent Network (CXT) announced that the total delegation incentives paid to network operators in the second quarter of 2024 reached $990,000. This figure represents an 83% increase from the previous quarter, reflecting the growing activity and application demands within the Covalent ecosystem. As more developers and applications join the Covalent network, demand for computational resources continues to rise, driving the rapid growth of delegation incentives. This growth not only signifies the healthy state of the Covalent network but also foretells its potential to continue supporting and promoting blockchain application development in the future.