The DApp industry refers to the sector encompassing decentralized applications built on blockchain technology. This industry includes a wide array of applications spanning decentralized finance, gaming, social media, and digital collectibles, operating without central authority. DApps leverage smart contracts to execute functions autonomously and transparently. Their growth signifies the expansion of utility beyond basic cryptocurrency transfers, creating new digital economic models.
Context
The DApp industry is a rapidly expanding segment within the broader cryptocurrency ecosystem, frequently featured in news regarding technological innovation and market trends. Discussions often address user experience improvements, scalability solutions for underlying blockchains, and regulatory clarity for various DApp categories. The sector’s future development hinges on attracting more users and developers while addressing current infrastructure limitations.
Institutional capital and stablecoin growth drove DeFi TVL to a record $237B, revealing a critical retail-institutional divergence in the DApp ecosystem.
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