According to the report, Dapp activity is up 77% over Q4 2023
The latest report from DappRadar highlights a slew of bullish indicators in the Dapp/Web3 sector for Q1 2024.
Dapps — decentralized applications — saw a quarter-over-quarter usage increase of 77% on the whole with a total daily active user wallet count of seven million. This shows an increase of approximately 40% since February of 2024 indicating the highest adoption rates since 2022.
According to DappRadar, the influx of new users “signals a robust recovery and the end of the longest bear market we’ve experienced.”
