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Web3 users hit an all-time high of 10 million in Q2

Web3 users hit an all-time high of 10 million in Q2

Bitget2024/07/04 21:22

The number of daily active independent wallets (dUAWs) for Web3 apps reached a record 10 million in the second quarter, up 40 percent from the first quarter, according to a new report from blockchain analytics platform DappRadar. The report notes that user growth was particularly significant in the social and blockchain gaming sectors, with the non-homogenized token (NFT) market reaching $4 billion in transactions, while the total locked value (TVL) of decentralized financial apps (DeFi) declined by 4 percent. dappRadar warns that growth may have been impacted by temporary airdrop activity, emphasizing the provision of a quality user experience and a robust roadmap for growth Importance.

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