Bored Arb Yacht Club

<ul><li>DApps sector surges, hitting 7M daily users with NFT market rebounding and social media apps growing rapidly.</li><li>Pudgy Penguins surpasses BAYC, leading a dynamic shift in the NFT space as market capitalization soars.</li><li>First quarter of 2024 sees Solana-based dApps, Jupiter Exchange and Raydium, emerge as leading platforms.</li></ul>The decentralized applications (dApps) sector is reaching new heights, with average daily active unique wallets now exceeding 7 million users. This surge, as analyzed by industry experts, is largely driven by the resurgence of non-fungible tokens (NFTs) and the rising influence of social media DApps.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/4aa9c59db6bd4c41b7ef05a4dfe5220c.png" />The NFT market has witnessed a significant comeback. Following a downturn in 2022, 2023 marked the beginning of a robust recovery, which has only intensified in 2024. Per the report, DappRadar&#39;s statistics show a 50% jump in trading volume in the first quarter of 2024, touching $3.9 billion. Sales also saw a 13% increase, totaling $11.6 million. This period is being touted as the strongest for NFTs since early 2023.<a href="https://cryptotale.org/dapp-sector-hits-new-peak-with-7m-daily-users-report/" rel="noopener noreferrer nofollow">Read full article at CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

DApp Sector Hits New Peak with 7M Daily Users: Report

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