Latest dapp industry report by DappRadar, the global dapp store, highlights the strong resilience of the blockchain industry that was hampered by a series of negative events over the last month, including the collapse of the FTX exchange and a rise in hacks, scams and exploits related to the decentralized finance industry.
One would assume these events would lead to a flood of users exiting the crypto space, but DappRadar’s November Industry Report instead underscored the doggedness of the industry sector that has become familiar with negative news.
In November, the number of daily unique active wallets (UAWs) connected to blockchain dapps was 1.9 million, just 5% down from the previous month. According to DappRadar, the surprisingly low outflow suggests strong resilience for the blockchain industry during times of uncertainty.
All Comments