DappRadar

This February, the dapp industry reached a new all-time high with 6.7 million daily Unique Active Wallets, alongside Bitcoin’s price soaring past its all-time high. This indicates a market on the cusp of a new bull run. This February Dapp Industry Report provides an overview of the key developments and emerging trends poised to dominate during the upcoming phase. Through this concise analysis, we aim to shed light on the transformative shifts shaping the future of the digital asset ecosystem. Key Takeaways<ul><li>Daily Unique Active Wallets (dUAW) have reached a new all-time high of 6.7 million. NFT dapps witnessed a 24% surge, nearing 1 million in dUAW. Meanwhile, on-chain gaming continues to lead, maintaining a dominant 28% share in the dapp industry.</li><li>The Total Value Locked (TVL) in the DeFi sector has increased by 45% reaching $159 billion, the highest since May 2022.</li><li>NFT trading volume decreased to $1.3 billion, but the sales count saw an increase and reached 5.23 million .</li><li>Blur leads NFT trading volumes with a 50% market share, but accounts for only 4% of sales.</li><li>Magic Eden overtakes OpenSea in trading volume, but with half of OpenSea’s trader count.</li><li>$148 million in crypto assets were lost due to hackers exploiting smart contracts and duping investors.</li></ul>Full report &#x1f449; <a href="https://dappradar.com/blog/crypto-hype-pushes-dapp-industry-adoption-to-new-all-time-high-with-67-million-daily-wallets" rel="noopener noreferrer nofollow">HERE</a>

Crypto Hype Pushes Dapp Industry Adoption to New All-Time High with 6,7 Million Daily Wallets

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