Report: Driven by AI-related DApp, blockchain activities increased by 70% quarter-on-quarter in Q3

According to the DappRadar report on October 8, driven by the growth of blockchain activities led by artificial intelligence applications, DApp developed rapidly in the third quarter of 2024, with a record number of daily unique active wallets (UAW) reaching 17.2 million, an increase of 70% from the previous quarter.
This growth is largely attributed to the performance of AI-related DApps. During this period, their daily visits increased by 71%, and UAW reached nearly 4.3 million.
In this quarter, DeFi application activity declined slightly with TVL dropping from $168 billion to $160 billion. Ethereum network's TVL decreased by 20% to $95 billion. In contrast, other L1 blockchains such as Sui and Aptos performed best during this period with respective increases of 78%, and their TVLs were respectively $1.6 billion and $1.3 billion.