Tag: DApps

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Gamers made up nearly half of all blockchain activity in January: DappRadar Report

A new report from DappRadar revealed that during the first month of 2023, blockchain gaming made up 48% of all DApp activity. Play-to-earn blockchain gaming experienced a downturn over the last year as gamers prioritized improving the gameplay experience.  However, according to a new report from DappRadar, in the first month of 2023, gamers made…
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Fantom’s 5-week winning streak is in danger — Will FTM price lose 35%?

As per technical data, the FTM market has turned overbought after rallying 230% in five weeks, with the coin’s momentum slowing down compared to the price boom. The price of Fantom (FTM) risks pulling back in February due to a growing divergence between its price and momentum in recent weeks. FTM price rallies 230% after…
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Wallet Connect: What Is It & How Does It Work?

The popularity of decentralized applications (DApps) has continued to soar since 2021. However, to access and use DApps, users need to have a compatible web3 wallet, and not all wallets are compatible with every DApp. This is where WalletConnect comes in. In this beginner’s guide, we look at WalletConnect and how you can use it…
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NFT sales topped 101 million in 2022: DappRadar report

A recent report from DappRadar revealed that over the last year, NFT and gaming-centered decentralized applications rivaled DeFi DApps on many major blockchains. Over the last year, nonfungible tokens (NFTs) continued to play an important role in the growing Web3 industry. NFTs initiated a shift away from hype-based drops, to utility-centric projects with long-term value. A…
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TRON Snags No. 2 Spot In TVL As Revenue Spikes Despite Bear Market Pressure

According to a tweet by TRON (TRX) on January 10, the network has displayed an impressive performance as it is currently ranked second in terms of total value locked (TVL) in the entire crypto space. TRON’s TVL has reached $9.2 billion by end of 2022, TRON DAO disclosed. TRON chief executive to extend help to…
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Traders expect 200% upside from MATIC, but does Polygon network data support that?

MATIC’s recent rally and partnerships are turning heads and on-chain activity may hint at further growth. In the past year, Polygon (MATIC) has focused on growing their list of high-profile partners which includes luminaries like Disney, Starbucks and Robinhood. The recent announcements of partnerships with both Instagram and JPMorgan have speculators pushing the token price…
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BNB Chain cools off after 24% surge, but strong fundamentals could back the next BNB rally

BNB price took a brief breather after a recent double-digit rally, but the network’s TVL and DApp use are reasons for investors to remain bullish. After an impressive 23.7% rally between Oct. 25 and Oct. 31, Binance Chain BNB, has faced a strong rejection from the $330 resistance. Is it possible that the two-day 6%…
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New oracle system to help DApps retrieve millions lost to MEV

OEV-enabled oracles auction off the right to extract on-chain value to the same third-party searchers who used to bid for the blockspace. A new oracle system aims to retrieve the additional fees paid by decentralized application (DApp) users to miners called maximal extractable value (MEV). It is the maximum value a miner can extract from…
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BNB Chain DeFi ecosystem recovers almost one-third in three months

On the DeFi side of things, BNB Chain suffered a 93% decrease from Q3 of 2021 but has since shown signs of steady recovery. After a year-long struggle to fend off the market bears, parts of the crypto ecosystem started showing signs of recovery in the third quarter of 2022. BNB Chain’s Q3 report confirms…
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Dappradar’s Q3 Industry Report Shows Crypto Economy and Participants Are ‘Riding Out the Bear Market’

According to Dappradar’s latest crypto industry report that covers 2022’s third quarter, the crypto economy and its participants are “riding out the bear market.” However, these days a number of macroeconomic events have influenced the crypto market, and Dappradar researchers say it’s currently “impossible to foresee a worldwide expansion of cryptocurrencies without a general recovery…
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