According to Dappradar’s Q3 Crypto industry report, the CryptoEconomy and its participants are “riding out the bear market.”
GherghelasDespite the overall crypto market performance, technology adoption saw a significant upswing. “In July, Polygon and Nothing company announced a partnership to build a Web3-native smartphone, while Disney, Ticketmaster, Mastercard, and Starbucks became the latest leading brands to announce the integration of NFTs as part of their Web3 strategy,” Dappradar’s Q3 report further notes.
“Defi as a whole showed signs of recovery with a 2.9% growth in TVL [total value locked] from Q2,” Dappradar’s study notes. “Ethereum remains the most dominant chain with its dominance increasing to 69% with $48 billion, a 3.17% growth from Q2.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Report: On-chain data points to crypto consolidation in Q3DappRadar's Q3 report for 2022 highlights a period of consolidation following a tough second-quarter performance for the crypto ecosystem.
Read more »
Morgan Stanley Says Crypto ETPs Continue to Grow Despite Bear Market.MorganStanley says the crypto bear market hasn't deterred asset managers and financial companies from launching ways for their clients to get access to digital assets. By willcanny99
Read more »
Grayscale's New Co-Investment Vehicle Aims to 'Capture the Upside of Crypto Winter' – Bitcoin NewsGrayscale's new co-investment vehicle GDIO looks for opportunities within the crypto economy’s market cycles.
Read more »
Bitcoin price finally made a move, and fireworks are sure to followBitcoin and stock markets could be on the verge of a strong directional move, but analysts are on the fence about the direction. Big_Smokey1 lays out the bullish and bearish scenarios.
Read more »
EU Council Endorses Markets in Crypto Assets (MiCA) Legislation – Regulation Bitcoin NewsCouncil of the EU, a key European legislative body, has approved the proposed regulatory framework for the European crypto space.
Read more »