Dapp Industry Registered Significant Growth in 2023: Report

Dapp Industry Registered Significant Growth in 2023: Report

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The sector registered 124 percent growth on a year-on-year (YoY) basis.
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The non-fungible token market continued to suffer as the year saw a trading volume of $12.6 Billion.
The decentralized application (Dapp) market saw significant growth last year according to the latest report released by data aggregator DappRadar. Daily unique active wallets (UAWs) kept growing throughout the year across various sectors including non-fungible tokens (NFT), decentralized finance (DeFi), social, and more. All in all, 2023 closed at 4.2 Million daily UAWs.
Blockchain Gaming Dominated Dapp Market
The sector registered 124 percent growth on a year-on-year (YoY) basis. NFTs emerged as the leader with 671,101 daily UAW, recording a 166 percent increase over the preceding year. On the other hand, the DeFi sector grew by 112 percent while the social sector grew by 29 percent.
In terms of transaction count, no one came close to DeFi market. Transactions in the segment rose

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We współpracy z: https://www.thecoinrepublic.com/2024/01/13/dapp-industry-registered-significant-growth-in-2023-report/

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