At a time when the crypto market is bleak, the
Web3 ecosystem continues to thrive. According to DappRadar's "DApp Industry Report for July 2024," artificial intelligence-based decentralized applications (DApps) dominate the market, accounting for as much as 28% of daily activities. This development marks a significant shift within the
DApp sector, which is increasingly embracing innovation.
The
gaming sector, which has long held the leading position in the DApp industry, has now lost this status. The dominance of blockchain-based games has dropped to 26%, while the "Other" category, primarily consisting of AI DApps such as DIN and Alaya AI, has taken the lead. This comes at a time when gamers are yearning for better gameplay experiences, further driving the growth of innovative DApps.
Additionally, the number of unique active wallets in the DApp sector has risen to a record 15.9 million, an increase of 78% compared to June. The social sector is also showing growth, accounting for 20% of the DApp industry with 3.1 million active wallets daily. These trends indicate a growing acceptance of decentralized applications, as users increasingly appreciate the benefits of blockchain technology, such as enhanced security and privacy.