{"id":186789,"date":"2023-11-03T20:20:46","date_gmt":"2023-11-03T14:50:46","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=186789"},"modified":"2023-11-03T20:20:46","modified_gmt":"2023-11-03T14:50:46","slug":"gaming-corners-62-of-active-wallets-in-uptober-as-dappradar-reveals-wall-of-bullish-metrics-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/gaming-corners-62-of-active-wallets-in-uptober-as-dappradar-reveals-wall-of-bullish-metrics-crypto-news\/","title":{"rendered":"Gaming corners 62% of active wallets in &#8216;Uptober&#8217; as DappRadar reveals wall of bullish metrics &#8211; Crypto News"},"content":{"rendered":"<div id=\"\">\n<p>Web3 has shown signs of resurgence in this \u2018Uptober,\u2019 according to DappRadar\u2019s latest <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dappradar.com\/blog\/dapp-industry-report-october-2023-dapps-defi-games-nfts\">industry report<\/a>, suggesting the dApp market may have finally found its footing after a long bearish trend. The analysis points towards a potentially imminent bull run, as crucial metrics have either stabilized or recorded growth.<\/p>\n<table>\n<thead>\n<tr>\n<th>Blockchain<\/th>\n<th>Unique Active Wallets (Sep 2023)<\/th>\n<th>Unique Active Wallets (Oct 2023)<\/th>\n<th>Average dUAW, % change MoM<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Near<\/td>\n<td>641K<\/td>\n<td>687K<\/td>\n<td>7%<\/td>\n<\/tr>\n<tr>\n<td>BNB Chain<\/td>\n<td>446K<\/td>\n<td>433K<\/td>\n<td>-3%<\/td>\n<\/tr>\n<tr>\n<td>Wax<\/td>\n<td>328K<\/td>\n<td>313K<\/td>\n<td>-5%<\/td>\n<\/tr>\n<tr>\n<td>ZKsync<\/td>\n<td>302K<\/td>\n<td>242K<\/td>\n<td>-20%<\/td>\n<\/tr>\n<tr>\n<td>Polygon<\/td>\n<td>194K<\/td>\n<td>199K<\/td>\n<td>3%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>NEAR Protocol continues to lead with the most daily average unique active wallets (dUAW), growing by 7% to 687,000. Gaming dApps have seen a notable increase in activity, with their industry dominance rising to 62%. This sector now accounts for 1.66 million dUAW, a 17% increase from September.<\/p>\n<p>The Decentralized Finance (DeFi) landscape, while seeing a 14% rise in Total Value Locked (TVL), has experienced a 13% drop in dUAW. Ethereum maintains its stronghold in the DeFi space, with a 10% increase in TVL, but Solana outpaces all with a 40% surge.<\/p>\n<p>The NFT market has broken its year-long decline, with trading volumes spiking by 32% to $405 million, nearing August levels. Notably, Ethereum dominates this uplift, while other chains have seen reductions in sales volumes.<\/p>\n<p>Security within web3 has improved significantly, with a 93% reduction in funds stolen via hacks and exploits. The reported $800,000 average loss per incident in October is the lowest in the year, hinting at a growing savviness among web3 users.<\/p>\n<p>DappRadar\u2019s analysis underscores a cautious optimism for the dApp industry\u2019s future, linking positive trends in gaming and NFT trading with potential market recovery. This bounce-back in web3 is paralleled by the fall in exploit cases, suggesting an overall maturation of the space. However, consistent growth across several months is needed to confirm a true market turnaround.<\/p>\n<p>The full report is available on the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dappradar.com\/blog\/dapp-industry-report-october-2023-dapps-defi-games-nfts\">DappRadar website.<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Web3 has shown signs of resurgence in this \u2018Uptober,\u2019 according to DappRadar\u2019s latest industry report, suggesting the dApp market may have finally found its footing after a long bearish trend. The analysis points towards a potentially imminent bull run, as crucial metrics have either stabilized or recorded growth. Blockchain Unique Active Wallets (Sep 2023) Unique [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":186790,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-186789","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/186789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=186789"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/186789\/revisions"}],"predecessor-version":[{"id":186791,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/186789\/revisions\/186791"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/186790"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=186789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=186789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=186789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}