The current state of dapp market
According to a report from DappRadar, the dapp industry witnessed an impressive 124% year-over-year increase in its UAW, culminating in a daily count of 4.2 million UAW by the close of 2023.
Fast forward to the beginning of 2024, and the momentum shows no signs of slowing. As of Feb. 1, the dapp industry notched up a new milestone with 5.3 million daily UAW. This represents an 18% surge from the previous month and the highest since 2022.
Breaking down the numbers by industry segments provides insights into the diversification of dapp usage.
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