Application Layer Growth signifies an increase in the number and usage of decentralized applications (dApps) on blockchain networks. This expansion indicates a maturation of the underlying technology, moving beyond initial speculative uses. It represents a vital metric for assessing a blockchain ecosystem’s utility and its capacity to support real-world functionalities and services.
Context
This term is central to discussions regarding the practical utility and sustained viability of blockchain platforms. News often reports on metrics such as active users or transaction volumes on dApps, which directly reflect this growth. Continued expansion of the application layer is crucial for attracting new users and demonstrating the technology’s long-term value.
The 10M DAU milestone validates decentralized social graphs as a viable product primitive, shifting the network effect flywheel toward user-owned data and verifiable identity.
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