Blockchain Daily Active Users Reach 12.8 Million as Adoption Surges

IconCryptoNewsTerminal Staff02 Jul, 2024

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Blockchain Daily Active Users Reach 12.8 Million as Adoption Surges

Blockchain technology is gaining traction, with daily active users (DAUs) increasing by 20% to 12.8 million in the past three months. This growth has been driven by the rise of decentralized applications (dApps) and the increasing use of blockchain for supply chain management and other business processes. Despite a recent decline in the value of native tokens for smart contract platforms, adoption is increasing. This is evident in the growing number of blockchain projects and the increasing use of blockchain for real-world applications. Experts predict that blockchain DAUs will continue to grow rapidly, reaching 20 million by the end of the year and 200 million monthly active users (MAUs) within the next few years. This growth will be driven by the increasing use of blockchain for a variety of applications, including decentralized finance (DeFi), non-fungible tokens (NFTs), and supply chain management.

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