The crypto industry experienced significant growth in Q2 2024, with over 10 million unique active wallets (UAW) created between April and June, marking a 40% increase from the same period last year, according to DappRadar. This surge in UAWs was observed across all industry segments, with SocialFi leading the charge. The rise of SocialFi highlights the increasing interest in decentralized social platforms, which offer users more control and privacy compared to traditional social media. NFTs have also shown consistent growth since their peak in Q3 2023, driven by the popularity of Runes and Ordinals. These innovative digital assets continue to
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