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Web3 users hit 10M in Q2!

Hi HODLers, Hiveans and Lions,

That's crazy! a 40% increase in #web3 users compared to last quarter!

According to a July 4 report from blockchain analytics platform DappRadar, the number of users using Web3 applications reached a record high in the second quarter. The number of daily unique active wallets (dUAW) was approximately 10 million over the course of the quarter, a 40% increase from the first quarter and the highest number ever reached.

I am not goin to lie, I have seen the catchy headline and felt right for it. That's quite impressive and even if I believe a LOT of these are fake DAUs, we still have more and more finance and gaming dapps attracting more users!

Top 10 Games (by UAW) on Dappradar

DeFi is having a tough Q2-2024

Defi TVL has been under pressure recently but it should bounce back in no time once Crypto Market trend in the right direction again.

Let's hope our belove coins (inculding $HIVE) will show some life soon!

Source

Stay safe out there,