The Web3 user base comprises individuals who actively interact with decentralized applications and blockchain protocols. These users engage with digital assets, decentralized finance platforms, non-fungible tokens, and other blockchain-powered services. Their participation drives the network effects and utility of various decentralized ecosystems. The size and activity of this user base are key indicators of the adoption and mainstream relevance of Web3 technologies.
Context
News reports frequently track the growth and demographics of the Web3 user base as a measure of the digital asset industry’s expansion. Discussions often center on strategies for onboarding new users and improving the user experience of decentralized applications. Expanding the Web3 user base is a critical objective for many blockchain projects aiming for widespread adoption.
SUI's Q1 DeFi expansion and institutional interest validates its high-throughput L1 architecture, setting a new benchmark for mass-market dApp scalability.
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