Updated Mar 21, 2026 by DappRadar
Daily Unique Active Wallets (UAW) across the blockchain industry fell 14.73% year-over-year to a yearly low of 1.67 million in August 2022.
The gaming sector remains the primary driver of blockchain activity, accounting for 51% of industry usage with over 847,000 daily UAW.
Total Value Locked (TVL) in Decentralized Finance (DeFi) contracted by 10.47% to $74.21 billion, impacted by market volatility and U.S. sanctions against Tornado Cash.
NFT market activity declined significantly, with UAW dropping 16.7% to its lowest level since mid-2021 and trading volumes falling 5% month-over-month.
Ethereum Layer-2 protocols, specifically Optimism and Arbitrum, experienced growth in anticipation of 'The Merge,' with Optimism securing a position in the top ten blockchains by TVL.
High-profile security vulnerabilities persisted throughout the period, highlighted by the $190 million Nomad bridge exploit and the Solana wallet hack.
Daily Unique Active Wallets (UAW) across the blockchain industry fell 14.73% year-over-year to a yearly low of 1.67 million in August 2022.
The gaming sector remains the primary driver of blockchain activity, accounting for 51% of industry usage with over 847,000 daily UAW.
Total Value Locked (TVL) in Decentralized Finance (DeFi) contracted by 10.47% to $74.21 billion, impacted by market volatility and U.S. sanctions against Tornado Cash.
NFT market activity declined significantly, with UAW dropping 16.7% to its lowest level since mid-2021 and trading volumes falling 5% month-over-month.
Ethereum Layer-2 protocols, specifically Optimism and Arbitrum, experienced growth in anticipation of 'The Merge,' with Optimism securing a position in the top ten blockchains by TVL.
High-profile security vulnerabilities persisted throughout the period, highlighted by the $190 million Nomad bridge exploit and the Solana wallet hack.