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.
To illustrate how blockchain gaming has emerged as the frontrunner of the next web3. DappRadar is the global app store for decentralized applications has released its Blockchain Games Report #7. Which focuses on the most noteworthy recent advancements in the space. As per the report, the average number of Unique
According to the latest Blockchain Industry Report released from DappRadar, the world’s leading app store for decentralized apps, although DeFi-based activity increased by 3.7% month-over-month, the industry’s TVL declined by 10.47%. Conversely, Ethereum scaling solutions have seen significant increases in their DeFi metrics amid the Merge, with Optimism being elevated
The overall average of Unique Active Wallets (UAW) decreased by 12% since Q1 Blockchain games transactions defy the bear market and showing a 9.5% growth since Q1 Axie Infinity is the top searched NFT collection in 122 countries When it comes to tracking decentralized app (Dapp) activity, DappRadar, a worldwide
Overall UAW for blockchain games decreased by 7% from the prior quarter. DeFi activity dropped by 17% and NFT activity dropped by 24%. The whole crypto industry has been shaking as a result of macroeconomic pressure and the Terra ecosystem meltdown, but interest in blockchain games has steadily increased. DappRadar,
Despite the pessimism of impending crypto winter, DappRadar, the world’s largest dapp store, has released its Q2 Dapp Industry Report, highlighting the positive impact of NFTs and GameFi on the future of dapps. The report sheds insight on how the dapp market has taken the burden of the current financial
DappRadar provides high-quality and reliable data on decentralized apps and is the world’s largest Dapp store. DappRadar is the first to provide cross-chain staking, allowing users to claim rewards from any blockchain while paying much less in transaction fees. It has launched an industry-first cross-chain token staking mechanism, enabling users
The consensus technique used by Celo is based on Proof-of-Stake (PoS). Ubeswap is now the most popular token exchanging Dapp on Celo. To make DeFi available to as many people as possible, Celo is a mobile-first blockchain dedicated to developing tools. More than $418 million worth of value has been
Major VCs invested more than $4 billion in this area in 2021. A record $23 billion was spent on NFTs this year. New records have been specified by DappRadar’s annual Dapp Industry Report, which was issued today. Compared to 2020, this year’s growth in the blockchain industry was sevenfold, with
