Blockchain Activity Rose by 70% in Q3: Report
The third quarter of 2024 has been a significant period for the growth of decentralized applications, driven by the increasing use of blockchain technology and artificial intelligence.
According to a report by DappRadar, there was a 70% rise in daily unique active wallets in the third quarter, reaching a record-breaking 17.2 million.
This increase was largely due to the performance of AI-related DApps, which saw a 71% rise and accounted for almost 4.3 million of the daily UAWs.
Key players in this trend include Data Intelligence Network (DIN) and Alaya AI. DIN, a data pre-processing layer launched in April 2024, has reached 1 million daily UAWs in the last quarter.
Meanwhile, Alaya AI, a data collection and labeling platform, has maintained a stable user base of 100,000 wallets over the past 90 days.
