NFT trade volume increased by $99 million in October compared to the previous month, according to a research issued by crypto analytics company DappRadar, suggesting that the NFT market is bouncing back. However, there has been significant reductions in staff at renowned NFT marketplace OpenSea as announced on Friday. According
The global dapp store, DappRadar, has released its 2022 end-of-year report on the blockchain, dapp, and cryptocurrency industries. One of the worst crypto winters ever occurred in 2022, resulting in a sharp decline in the value of most major cryptocurrencies and a spate of catastrophes, including the collapse of the
DappRadar, the world’s largest dapp store, has released its latest industry report, which demonstrates the blockchain industry’s fortitude in the face of recent setbacks like the FTX exchange’s closure and an increase in hacks, frauds, and vulnerabilities in the decentralized financial sector. Though one would expect consumers to flee in massive
According to a report published today by DappRadar, the global dapp store, the blockchain gaming sector demonstrated remarkable resilience all through the month of November, despite negative force on the wider crypto industry due to the shutdown of the once-popular FTX cryptocurrency exchange. Nearly Half of All Blockchain Activity May
The inaugural Sports Report from DappRadar, the global dapp store, focuses on the growing usage of Web3 projects and apps in the world of sports and how they may significantly improve fan experiences. Web3 is bringing together millions of people from all over the world via a variety of sponsorships,
Shockwaves were felt across the cryptocurrency markets, Web3, and the dapp industry with the sudden demise of the FTX exchange and all of its associated entities. From business as usual to bankruptcies and fraud probes took less than a week. The whole Web 3.0 sector saw the effects of this
Unique Active Wallets in DeFi increased by 7% (504K) from September. NFT trading volume reached $662 million, down 30% from September. The world’s largest marketplace for decentralized applications, DappRadar, revealed in its most recent report that the cryptocurrency market is growing and recovering with a market valuation of more than
The most important consumer trends that influenced the blockchain market in Q3 of 2022 are detailed in the report by DappRadar. Developers working on Web3 keep on anyhow despite the gloomy state of the macroeconomy as a whole. The approach utilized to hide the fact that the 40,000 assets were
Despite the crypto bear market, demand is still fueling the expansion of the metaverse, as evidenced by the latest report from DappRadar, the global app store for decentralized apps. Summary Despite a 91.61% reduction to $90 million in trade volume for virtual worlds in the third quarter, the number of
The market cap of cryptocurrencies increased 8.5% ($981M) in Q3. According to the report on the crypto market signaling recovery from the bear market. A market analysis report from DappRadar for the third quarter (Q3), which uses on-chain data, indicates the cryptocurrency market’s recovery from the current bear market conditions.
