Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: DearMary on October 26, 2023, 08:39:22 AM
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According to the latest report from Nansen as of October 12, 2023, the number of daily active addresses on Ethereum has sharply increased, surpassing 300,000. Among these active addresses, DeFi entities continue to dominate. In terms of DeFi user numbers alone, it exceeds the combined total of NFT and Layer2 scaling users by more than twice, solidifying DeFi's central position in on-chain activities. The number of NFT users, which once surpassed DeFi in early 2022, has sharply declined by over 50% since the beginning of 2023. In contrast, Layer1/scaling users experienced significant growth in March, then dropped back to previous levels in May, followed by another increase in the "scaling" category, maintaining relative stability since June.
It's noteworthy that DeFi users hold the most prominent position among these clusters. In comparison, activities in the NFT, gaming, and GambleFi sectors decreased by 61.4%, reflecting a decline in new users focused on NFTs. Additionally, throughout the year 2023, the number of users participating in NFTs continued to decrease, highlighting the diminishing appeal of the NFT industry to new wallet holders.