Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Ethereum rival recorded nearly 2,000% growth in unique active wallets last year: DappRadar
ALTCOIN NEWS

Ethereum rival recorded nearly 2,000% growth in unique active wallets last year: DappRadar

By Crypto FlexsJanuary 16, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum rival recorded nearly 2,000% growth in unique active wallets last year: DappRadar
Share
Facebook Twitter LinkedIn Pinterest Email

Cryptocurrency intelligence platform DappRadar has reported an explosion in user activity for one Ethereum (ETH) challenger in 2023, with decentralized applications (DApps) seeing notable growth over the period.

According to DappRadar’s annual industry report, smart contract platform Near (NEAR) recorded 302,000 new unique active wallets (UAW) last year, representing a year-on-year (YoY) increase of 1,902%, the highest among all chains.

Enterprise-grade blockchain Klaytn (KLAY) and layer 2 scaling solution Arbitrum (ARB) were the networks with the highest UAW growth, ranking behind Near. This represents 73,000 new UAWs (an increase of 1,099%) and 88,000 UAWs (an increase of 624%). , each.

“In terms of chain performance, Near, Klaytn, and Arbitrum showed the largest gains in UAW percentage increase. Near is up 200% since the beginning of the year, Klaytn is up 20%, and Arbitrum is up 32% since launching in March 2023.”

Conversely, DappRadar reports that Ethereum competitor Solana (SOL) recorded 65,000 new UAWs in 2023, down 76% from the previous year. Web3-centric blockchain Hive (HIVE) recorded 77,000 new UAWs, a 68% decline, according to the company.

“Solana has had a rough start to the year due to its association with the FTX fallout. However, the Solana ecosystem has seen an impressive recovery in the final months of 2023. Hive, which primarily hosts the trading card game Splinterlands, also had a difficult year, missing its financial targets and reporting significant losses.”

Source: DappRadar

Overall, DappRadar found that the DApp industry performed well in 2023, with UAWs growing 124% year-over-year and ending with an average of 4.2 million UAWs per day.

“The DApp industry in 2023 has surpassed all expectations, reinforcing the notion that this is a continuous and evolving part of the global financial and technology landscape.”

Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox

Check Price Action

follow us TwitterFacebook, Telegram

Daily Hodl Mix Surfing

Check out the latest news headlines

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created by: Midjourney

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

‘Fat Apps’ can lead the cryptographic story in the next few months.

September 11, 2025

Binance explodes 466m LUNC with oblivion: revival play or special effect?

September 4, 2025

Defi Surges, BTC Swings & Tradfi faces freezing: Daily encryption failure

August 28, 2025
Add A Comment

Comments are closed.

Recent Posts

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025

BetFury Is At SBC Summit Lisbon 2025: Affiliate Growth In Focus

September 17, 2025

FED Mining’s Cloud Mining Platform Is Helping Users Earn $8,800 Per Day, And XRP’s Growth Is Driving Market Enthusiasm.

September 17, 2025

Stablecoin Holdings Drop As Investors Pivot To SOL, XRP, And Altcoins

September 17, 2025

Flipster Partners With WLFI To Advance Global Stablecoin Adoption Through USD1 Integration

September 17, 2025

Zircuit Launches $495K Grants Program To Accelerate Web3 Super Apps

September 16, 2025

Kintsu Launches SHYPE On Hyperliquid

September 16, 2025

New Cryptocurrency Mutuum Finance (MUTM) Raises $15.8M As Phase 6 Reaches 40%

September 16, 2025

How XRP Enthusiasts Can Earn $15k/Day

September 16, 2025

Bringing 1R0R To R0AR Chain Unlocks New Incentives

September 16, 2025

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025

BetFury Is At SBC Summit Lisbon 2025: Affiliate Growth In Focus

September 17, 2025

FED Mining’s Cloud Mining Platform Is Helping Users Earn $8,800 Per Day, And XRP’s Growth Is Driving Market Enthusiasm.

September 17, 2025
Most Popular

Crypto Twitter This Week: Celebrities Are Jumping Into Cryptocurrency

June 3, 2024

Integrate USDC payments with Wagmi and programmable wallets

August 17, 2024

5 Real-World Use Cases for Useless Meme Coins

December 18, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.