šŸš€ Q1 2024 saw a 77% surge in dApp activity, with a whopping 7M daily active users! šŸŽ‰ Bitcoin also reached an all-time high, soaring above $73k.

šŸ“ˆ This growth is largely thanks to the approval of U.S. spot Bitcoin ETFs, pushing BTC to new heights. NFTs also saw renewed interest, with daily users doubling from 2022 to 2023.

šŸŽ® Web3 gaming continues to dominate, holding a 30% share and attracting 2.1M daily unique wallets. Top performers? Gods Unchained, Axie Infinity, and Arena of Faith.

šŸ“± But watch out! The social vertical saw a 324% surge in active wallets in Q1 2024, hinting at a new trend in the industry.

āš ļø Despite the growth, security challenges persist. Q1 2024 saw a loss of $407M due to hacks and exploits, with Ethereum accounting for 57% of total losses.

šŸ’¬ What do you think about this growth? Any predictions for Q2? Let's chat in the comments! #Web3 #DeFi #DAO #Layer2