Crypto Hype Pushes Dapp Industry Adoption to New All-Time

Mar 7, 2024 · 1. Dapp industry overview. In the second month of 2024, the dapp sector has recorded a promising outset, characterized by a significant milestone of 6.7 million daily …

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State Of The Dapp Industry Q1 2024 - DappRadar

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Apr 4, 2024 · Dapp activity up 77% this quarter as BTC hits new all-time high. In the first quarter of 2024 bitcoin reached new all-time highs, the NFT market saw its best performance since Q1 …

dappradar.com

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Dapp Industry Research Report: What Tracks And Projects Are Worth ...

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1 day ago · The dapp industry saw a 485% increase in unique active wallets (UAWs) in 2024, reaching an average of 24.6 million UAWs per day by the end of the year. Activity in the …

coinlive.com

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Decentralized Applications (dApps) Ecosystem Reaches 5.3 Million …

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Feb 4, 2024 · Daily Unique Active Wallets (dUAW) have reached a new all-time high of 5.3 million, the highest since 2022. Social dapps witnessed a 262% surge, nearing 1 million in dUAW.

crowdfundinsider.com

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Dapps See 70% Surge In Usage To Hit Record Activity Levels During Q3

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Oct 10, 2024 · Decentralized applications (dApp) registered a significant 70% surge in daily unique active wallets (UAW) between the second and third quarters, reaching an all-time high …

cryptonews.net

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Dapp Industry Reports: Latest News And Articles - DappRadar

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Jul 4, 2024 · Dapp activity up 77% this quarter as BTC hits new all-time high. 4 Apr 2024. Crypto Hype Pushes Dapp Industry Adoption to New All-Time High with 6,7 Million Daily Wallets. …

dappradar.com

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Dapps’ Revenue Hits $164M In October Amid Growing Adoption

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Nov 8, 2024 · According to a report by Binance Research, decentralized applications (dApps) represented 12 out of 15 protocols with the most significant revenues in October, amounting to …

cryptoslate.com

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Web3 Apps Surged 124% In 2023, According To DappRadar

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Jan 13, 2024 · The dApp industry experienced unprecedented growth, with DappRadar’s 2023 Industry Report revealing a 124% year-over-year increase in Unique Active Wallets (UAW). …

cryptopotato.com

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Magic Eden Overtakes Blur As Top NFT Marketplace - DappRadar

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May 9, 2024 · Daily Unique Active Wallets (dUAW) have reached a new all-time high of 10.6 million. Social dapps witnessed a 11% surge, nearing 1.5 million in dUAW. Meanwhile, gaming …

dappradar.com

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From Boom To Bust: What Tap-to-Earn Taught Us About Crypto …

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Nov 27, 2024 · The rise and fall of tap-to-earn apps on Telegram shows the challenges of sustainable crypto adoption. What can we learn from this? BTC $93,809.05-1.38%. ETH …

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FAQs about Crypto Hype Pushes Dapp Industry Adoption to New All-Time Coupon?

How did the DAPP industry perform in Q1 2024?

In Q1 2024 the dapp industry saw an increase of 77% in its usage, in comparison to the previous quarter, reaching 7 million daily Unique Active Wallets. The Social sector outshines others in the Web3 industry this quarter, recording a 324% surge in dUAW to 1.2 million, despite blockchain gaming and DeFi leading in usage. ...

What are the top Defi Dapps?

In exploring the top DeFi dapps by daily unique active wallets, two Solana-based dapps, Jupiter Exchange and Raydium, have emerged as the leaders this quarter. This reaffirms Solana’s comeback and its increasing significance in the DeFi ecosystem, marking a notable shift in user preference and platform utilization. 3. ...

What are the benefits of decentralized Dapps?

Users and investors have now been exposed to the inherent benefits provided by decentralized applications, such astransparency, autonomy, and reliability, and the demand for faster, more accessible versions of these is stimulating the global dApps market as I write this. ...

Why did the crypto market pull back in 2018?

Helping toclear away some less than useful projects was the seismic market pull back in the crypto winter of 2018, when more than 87 percent was wiped from the global market cap in just under a year, with many junk projects losing as much as 99 percent of their value, largely delivered by the SEC's Howie Test on (utility) tokens. ...

What happened to Ripple XRP?

A notable security breach involved Ripple co-founder Chris Larsen’s Ripple chain account, which was compromised, leading to a significant loss of 213 million XRP tokens, worth about $112.5 million. Another major incident occurred in the DeFi sector with the Munchables protocol. ...

Why did CryptoKitties fail?

CryptoKitties was an NFT-based trading game that launched in early 2017, and established many of the core features we now see in popular NFT releases. But by winter of that same year,excessive gas prices on Ethereum made it difficult to perform simple transactions on the dApp, and effectively doomed the project to failure. ...