{"id":240288,"date":"2024-02-02T19:55:02","date_gmt":"2024-02-02T14:25:02","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=240288"},"modified":"2024-02-02T19:55:02","modified_gmt":"2024-02-02T14:25:02","slug":"active-dapp-users-tags-multi-year-high-dappradar-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/active-dapp-users-tags-multi-year-high-dappradar-crypto-news\/","title":{"rendered":"Active Dapp Users Tags Multi-Year High: DappRadar – Crypto News"},"content":{"rendered":"

Strong activity on web3 games and socialfi platforms drives increasing on-chain activity.<\/p>\n

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New research from DappRadar shows the number of daily active decentralized application users has surged to its highest level since 2022 at 5.3M throughout January.<\/p>\n

DappRadar said<\/a> the figure marks an 18% monthly increase, marking a sustained increase in on-chain activity. Web3 games accounted for 1.5M or 28.3% of active users, followed by DeFi with 1M or 19% of users. Socialfi dApps were the third most active sector with 868,000 daily users after jumping 262% month-over-month.<\/p>\n

Near was the leading network by active users with 10.2M despite a 31% decline, followed by BNB Chain with 7.8M after a 45.6% gain, and ZkSync Era with 5.45M.<\/p>\n

Solana led the pack by transaction volume despite hosting just 2.5M users, with more than 343M transactions executed last month. Wax came in second by transaction count with 160M after a 9% slump, followed by BNB Chain with 41.6M after a 64% increase, and a steady 40M on Near.<\/p>\n

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Kai-ching, a Near-based social platform, was the most active dApp for the second-consecutive month despite a 37% pullback. MotoDex, a multi-chain game with 3.6M users, was second, followed by the BNB Chain-based game, Sleepless AI, with 2.65M after growing 69%, and the social platform Carv with 1.5M users after an 83% gain.<\/p>\n

In terms of monetary value, Ethereum-based dApps topped the list with $131B, followed by Arbitrum with $28.5B, BNB Chain with $20.9B, and Polygon with $7.9B. Despite Near\u2019s impressive number of active users, the network processed just $77.8M worth of transactions.<\/p>\n

NFT volume remains strong<\/h2>\n

NFT trading volume tagged $1.5B from nearly 903,500 active wallets, with volume posting a modest pullback from $1.8B in Decmeber.<\/p>\n

Blur continues to lead NFT activity with a 47% dominance over volume despite accounting for only 4% of total sales. The data results from the majority of activity converging around high-value NFTs, with the average sales price sitting at $3,260 in January.<\/p>\n

For comparison, OpenSea, the dethroned former long-term leader in the NFT space, drove $102M in trades or 6.6% of volume \u2014 an all-time low \u2014 despite hosting 14% of NFT sales.<\/p>\n

The OKX NFT marketplace held strong in second place with $213M worth of trades, followed by Magic Eden with $110M.<\/p>\n

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