Daily active wallets in the DApp industry soared in the third quarter of 2024, driven primarily by a 71% growth in the performance of AI-related applications.
Decentralized applications (DApps) have surged forward in the third quarter of 2024, fueled by the growth of blockchain activity led by artificial intelligence applications.
According to an Oct. 8 DappRadar report, daily unique active wallets (UAWs) reached a record-breaking 17.2 million, marking a 70% increase from the previous quarter. The rise is largely attributed to the performance of AI-related DApps, which saw a 71% rise in the period, accounting for nearly 4.3 million daily UAWs.
Key players like Data Intelligence Network (DIN) and Alaya AI are leading the trend.
