DApp Sees 124% More Users as NFT, DeFi Gain Traction
The blockchain sector has seen a 124% increase in Unique Active Wallets (UAW), primarily driven by the popularity of decentralized applications (DApps).
Platforms like Near, Klaytn, and Arbitrum are leading the growth, with KAI-CHING, SuperWalk, and Uniswap V3 attracting a large user base.
However, platforms like Harmony, Solana, and Hive have experienced declines due to challenges such as bridge exploits, FTX association, and financial shortcomings.
The NFT market saw a 166% growth, with DeFi applications following closely with a 112% increase. Social media applications under protocols like Friend, Lens Protocol, and Galxe also saw a 29% increase in usage.
Daily interactions with web3 apps have doubled, highlighting the growing influence of blockchain networks in the digital ecosystem.
(With inputs from Shikha Singh)
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