DApp Industry Registers 70% Surge in Daily Unique Active Wallets, AI Applications Emerge as Standout Performers

Decentralized applications (dApp) registered a significant 70% surge in daily unique active wallets (UAW) between the second and third quarters

Decentralized applications (dApps) saw a remarkable 70% surge in daily unique active wallets (UAW) from Q2 to Q3, reaching an all-time high of 17.2 million, DappRadar’s Q3 report reveals.

Applications related to artificial intelligence (AI) emerged as the standout performers among the diverse sectors within the dApp industry last quarter, averaging nearly 4.3 million daily UAWs and experiencing 71% quarterly growth.

The report highlights the growing enthusiasm around AI technologies and their integration into the blockchain industry, with data processing layer DIN and distributed AI data platform Alaya AI playing a pivotal role in driving the surge in usage within the AI sector.

While the gaming sector continues to dominate in terms of user activity, its overall share of the dApp market has seen a slight decline, dropping from 28% to 26% on a quarterly basis. This could be attributed to users shifting to more innovative applications, such as AI and social platforms.

Among the five most used dApps in Q3, Toncoin-based gamified wallet HOT Game topped the list with 1.64 million UAW, while Ronin-based Pixels was the only pure gaming title with 656,000 UAW.

The social dApp sector captured 19% of all activity in Q3, with the modular data layer CARV emerging as the most active social dApp in the period with 1.24 million UAW.

Despite the falling TVL, decentralized exchanges (DEX) saw significant growth, largely driven by memecoin trading.

Solana-based Raydium and Uniswap both witnessed substantial growth, with Raydium registering 1.18 million daily UAW last quarter and Uniswap recording 459,000 daily UAW across V2 and V3 over the period.

Jupiter Exchange also contributed to DEX activity in Q3, registering 216,000 daily UAW and becoming the third-largest DeFi application by user engagement.

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