Ethereum DApp Use On Track to Surpass 2024

Share via:


Decentralized application activity on the Ethereum blockchain could be on track to match or surpass last year despite growing competition from “faster and cheaper” alternatives, according to blockchain analytics platform DappRadar.

Peak adoption on Ethereum was in 2021, coinciding with the height of the last bull run, and was also the year with the “highest number of unique wallets and the most transactions on Ethereum,” DappRadar analyst Sara Gherghelas said in the report published on Wednesday. 

Activity cooled off after, but 2023 and 2024…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Ethereum DApp Use On Track to Surpass 2024


Decentralized application activity on the Ethereum blockchain could be on track to match or surpass last year despite growing competition from “faster and cheaper” alternatives, according to blockchain analytics platform DappRadar.

Peak adoption on Ethereum was in 2021, coinciding with the height of the last bull run, and was also the year with the “highest number of unique wallets and the most transactions on Ethereum,” DappRadar analyst Sara Gherghelas said in the report published on Wednesday. 

Activity cooled off after, but 2023 and 2024…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

China urges Netherlands to correct Nexperia ‘mistakes’

China urged the Netherlands on Wednesday to immediately...

Elon Musk hints X may soon pay creators more...

Elon Musk has signalled that X is preparing...

Apple Watch Series 11 vs Apple Watch SE: Buying...

Apple updated its entire lineup of Apple Watch...

Popular