Ethereum’s Top Dapps Are Increasingly Turning to ‘Rollups’: Here’s Why

Replying to remarks over the lack of dapps running on Cardano, IOHK CEO Charles Hoskinson responded by saying demand is so high his firm cannot handle the applications flooding in. In many cases, as a strategy to cope with the demand, applications are being rejected. Some Thoughts on DApps https://t.co/0rHRxdblPP — Charles Hoskinson (@IOHK_Charles) March […]

Decentralized apps are becoming the new norm in the world of blockchain technology. The benefits offered by DApps attract a lot of attention, and it seems as if the future role of this technology in the payment sector is only a matter of time. Also read: Here’s Why Your House is ‘Much More Valuable’ on the Blockchain What makes DApps so appealing to....

Ethereum’s top 10 most-popular DApps have collectively amassed more than 1 million active users over the past 30 days. Ethereum-powered decentralized applications, or DApps, have attracted more than one million active users over the last 30 days according to analytics platform DappRadar. This milestone comes as interest in decentralized finance, commonly referred to as DeFi, received a second wind, with the number of users growing by 11% in the first 11 days of November. The ten DApps, six of which describe themselves as providing “DeFi and exchange” services, represent more than $21....

Ethereum’s price is at a peak of the structure which will be decisive for the further trend. Which direction will Ethereum’s price choose? Will there be a turn to decline? Ethereum’s price is at a peak of a rebound towards the upward trend. That is also a turning point for the continuation of the medium-term downward trend. The way the price behaves in the near future will determine the outcome. If Ethereum’s price manages to fortify at that level, it will indicate that the bulls are a minority. In that case, and if the price forms a turnaround structure, the downward trend will be likely....

DeFi projects will form the foundation of the crypto economy in 2021 according to a report by DappRadar. DApp transaction volume has topped $270 billion so far in 2020, with 95% of this figure belonging to Ethereum’s DeFi ecosystem, according to DappRadar. That’s an astonishing 1178% increase from last year’s total of $21 billion.The blockchain data provider revealed the figures in its annual DApp Industry Report today, summarizing the highlights and failures of a record-breaking year for DApp-based economics. The report noted that money has been flowing from BTC to ETH throughout the....