{"id":15757,"date":"2022-12-22T20:10:56","date_gmt":"2022-12-22T20:10:56","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/dapp-industry-saw-daily-unique-active-users-rise-50-in-2022\/"},"modified":"2022-12-22T20:10:56","modified_gmt":"2022-12-22T20:10:56","slug":"dapp-industry-saw-daily-unique-active-users-rise-50-in-2022","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/dapp-industry-saw-daily-unique-active-users-rise-50-in-2022\/","title":{"rendered":"Dapp industry saw daily unique active users rise 50% in 2022"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671739115836-0df1cad8-ceb1-4686-a528-ff90b014ab45-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671739115836-0df1cad8-ceb1-4686-a528-ff90b014ab45-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671739115836-0df1cad8-ceb1-4686-a528-ff90b014ab45-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671739115836-0df1cad8-ceb1-4686-a528-ff90b014ab45-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><\/picture><\/div>\n<ul>\n<li dir=\"ltr\"><em><strong>The decentralised application (Dapp) industry saw a 50% growth in unique active wallets in 2022.<\/strong><\/em><\/li>\n<li dir=\"ltr\"><em><strong>DappRadar\u2019s 2022 report shows that DeFi, gambling and blockchain games dapps were the most popular.<\/strong><\/em><\/li>\n<li dir=\"ltr\"><strong><em>However, DeFi protocols unique active wallets grew only 2% even as total value locked (TVL) by 73%.<\/em><\/strong><\/li>\n<\/ul>\n<p dir=\"ltr\">2022 has been one of the most brutal for the cryptocurrency industry, with the crypto winter punctuated not just with plummeting prices but also major negative events. FTX\u2019s implosion is a case in point, DappRadar, the world\u2019s largest dapps store, noted in its <a href=\"https:\/\/dappradar.com\/blog\/dapp-industry-report-2022-dapp-industry-proves-resilient-in-crypto-winter\" rel=\"noopener noreferrer\" target=\"_blank\">Dapp Industry Report 2022<\/a>.<\/p>\n<p dir=\"ltr\">But despite the turmoil and the ongoing bear market, crypto has shown a resilience that\u2019s reflected in events such as Ethereum\u2019s successful Merge that has seen energy consumption decline by 99.9%.<\/p>\n<p dir=\"ltr\">The year has also witnessed several other surprising growth metrics, DappRadar indicated in the end-of-year report. One of these is the significant growth in a key metric for the <a href=\"https:\/\/coinjournal.net\/glossary\/decentralized-applications-dapps\/\">decentralised applications<\/a> (dapps) sector \u2013 an increase in overall daily unique active wallets.<\/p>\n<h2 dir=\"ltr\">Dapps saw 50% growth in unique active wallets<\/h2>\n<p dir=\"ltr\">According to the DappRadar report, the dapp industry registered a 50% increase in daily unique active wallets (dUAW) for 2022. Per the data, dUAWs rose from average of 1.58 million in 2021 to over 2.37 million in 2022.<\/p>\n<p dir=\"ltr\">As per the report, DeFi, gambling, and games were the most popular dapps categories. Although DeFi activity reduced, with dUAW only increasing by 2% to a daily average of 652,970 from 641,510 in 2021.<\/p>\n<p dir=\"ltr\">Gambling dapps registered 53,364 dUAW in 2021, but that number increased by 106% in 2022 to reach an average of 110,140 dUAW.<\/p>\n<p dir=\"ltr\">Blockchain-based games also saw a significant jump in daily unique active users, with an 85% increase in 2022 pushing the metric from 622,620 dUAW to 1,152,255 daily unique active wallets.<\/p>\n<h2 dir=\"ltr\">DeFi industry TVL decreased significantly in 2022<\/h2>\n<p dir=\"ltr\">While the dapps industry remains on the path to greater adoption \u2013 we <a href=\"https:\/\/coinjournal.net\/news\/defi-sees-31-jump-in-users-despite-2022-market-conditions\/\">recently highlighted<\/a> the sector saw a 31% growth in users in Q3, 2022 \u2013 the Total Value Locked (TVL) shrank massively amid the bear market.\u00a0<\/p>\n<p dir=\"ltr\">In 2022, DeFi TVL decreased by 73.97% to $55 billion as of December, down from the all-time high above $256 billion in December 2021.<\/p>\n<p dir=\"ltr\">Despite the significant declines, the top two DeFi chains remain as Ethereum and BNB Chain \u2013 which have unfortunately seen their TVL shrink by 74.56% and 62.5% respectively in 2022. Meanwhile, layer2 solutions like Arbitrum and Optimism have fared better. For instance, Arbitrum\u2019s TVL only fell 12% while Optimism\u2019s jumped 127%<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/dapps-daily-unique-active-wallets-increased-50-in-2022\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) The decentralised application (Dapp) industry saw a 50% growth in unique active wallets in 2022. DappRadar\u2019s 2022 report shows that DeFi, gambling and blockchain games dapps were the most popular. However, DeFi protocols unique active wallets grew only 2% even as total value [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":15758,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/15757"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=15757"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/15757\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/15758"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=15757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=15757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=15757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}