Crypto

Popular Dapps Contribute Nothing new to Crypto

There are always questions as to which Dapps are effectively popular and which are just a flash in the pan. A new report by DappRadar shows that high-risk projects will always attract  a certain crowd, for some reason.

It is always intriguing to see how the Dapp ecosystem evolves.

High-Risk Dapps Remain Popular

With so many projects coming and going, it can become difficult to keep track of everything.

A new report by DappRadar shows that things are still evolving every quarter.

Especially high-risk projects and offerings will be of great interest to a lot of users.

This is primarily because gambling, betting, and high-yield investment programs have always been popular among crypto holders.

Related Post

Overall, it would appear that Ethereum remains the go-to Dapp platform for most users. 

It also maintains 99% of the entire transaction volume for high-risk offerings in Q1 2020.

The high-risk Dapp segment of Ethereum has also grown significantly, indicating that the growth spurt may not be over.

It is also worth noting that HEX contributed to a lot of this volume.

That project still remains controversial, despite it still attracting investors every week.

All in all, high-risk Dapps remain popular, yet they contribute nothing new to the blockchain and cryptocurrency industry.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

MetaMask Proposes Stablecoin Launch, Taps Stripe to Bridge TradFi and DeFi

MetaMask wants its own stablecoin. It’s calling it MetaMask USD (mmUSD). And if the recent…

23 hours ago

Spartan, Stake & Betway: Top 2025 Crypto Gambling Prizes

Spartan’s $250K Lambo Challenge Tops 2025’s Crypto Gambling Prize War with Stake & Betway Crypto…

1 day ago

SharpLink’s Ethereum Accumulation Hits High Top With Staking Strategy

SharpLink is leaning hard into Ethereum. They buy. They stake. They hold. Ethereum currently trades…

2 days ago

Cardano Price Prediction: Is a Return to $2 Imminent or Just a FOMO Fantasy?

After months of consolidation, Cardano (ADA) is regaining investor attention thanks to renewed forecasts projecting…

2 days ago

Bitcoin and Ethereum Whales Quietly Accumulating—What Does This Mean for the Market?

Whales are back—and this time, they’re not making noise. Despite the relative calm in prices,…

3 days ago

Daily Token Creation on Base Surpasses Solana, How It Happened 

Daily Token Creation on Base Surpasses Solana. Driven by SocialFi on @zora, Base sees over…

3 days ago