Report: Under the promotion of AI-related DApps, the blockchain activities in Q3 rose by 70%.

Odaily Planet Daily According to the DappRadar report on October 8, under the promotion of the blockchain activity led by artificial intelligence applications, DApps developed rapidly in the third quarter of 2024, with a record-breaking daily active Wallet (UAW) of 17.2 million, a 70% rise from the previous quarter. This rise is largely attributed to the performance of DApps related to artificial intelligence. During this period, the daily visits of these DApps rose by 71%, reaching nearly 4.3 million UAW. This quarter, the activity of Decentralized Finance applications has declined, with TVL dropping from $168 billion to $160 billion. The TVL of the Ethereum network decreased by 20% to $950 billion. In contrast, other L1 blockchains such as SUI and Aptos performed the best, achieving a 78% rise during this period, with TVL of $1.6 billion and $1.3 billion, respectively. (Cointelegraph)