DappRadar report shows NFT and DeFi revival amid Bitcoin spotlight

DappRadar noted BTC took the spotlight, but app building and activity ￰0￱ are also taking on new roles, linked to tokenization and ￰1￱ noted apps were highly active in Q3, despite BTC taking the ￰2￱ the latest quarterly report, DappRadar noted new trends emerging, especially tokenization, a return of NFT, and DeFi making new records of value ￰3￱ Q3, decentralized apps drew in 18.7M active wallets per day, down 22.4% from the previous ￰4￱ apps made up 25% of all activity, up from 20.1% for the previous quarter. However, DappRadar warned only a few decentralized games are purely about play, and most have some form of DeFi ￰5￱ activity shifted in Q3, as AI activity slowed down and SocialFi apps lost users. |