Battle Defi vs. NFT turns unexpectedly


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Mikaia A.

They believed that they were good for the digital museum stored in the bulls 2021 sockets. However, NFT did not say their last word. After months of lethargy, it finds the color market and even surprises the actors crypto. Even better, they just exceeded the deficiency in the number of active users and reversed a well -installed trend. Behind this reflection, he uses this diversification and strategy that seduces brands as well as experienced investors.

Chatgpt said: The frightened man retreats while the pixel NFT avatars are based on a screen depicting 270,000,000,000, stylish comics.

In short

  • NFT records $ 530 million in July, the average price doubled to $ 105.
  • The defi reaches a record of $ 270 billion, despite less users.
  • Brands like Nike and Rolex explore NFT for verification and marketing.
  • Hackes cost $ 132 million in July, remembering the persistent fragility of the ecosystem Web 3.

NFT lead dance, defi keep the body

In July Call signed Performance: 270 billion dollars of total locked value (TVL), historical record. But this financial triumph masks an unexpected reality: a user’s party, NFT went through. 3.85 million daily active wallets He interact with DAPP NFT, against slightly less for defi, out of 22 million.

Infographic reflects the domination of the UAW industry in the dapp ecosystemInfographic reflects the domination of the UAW industry in the dapp ecosystem
Dominance Industry UAW in the ecosystem of DAPP – Source: Radar DAPP

The explanation is partly causedhegemony blur, that captures into 80 % of ETH volumeTo attract professional merchants and loans of loans through their mixture protocol. OpenOn the basis of its part, it remains a leader in the number of daily users (27,000 traders) thanks to the Multi -Loan and diversified offer. Zora seduces the creator with cheap mint over her layer 2 and its token $ Zora.

As Dappradar remarks:

NFT trading volumes jumped by 96 %and powered the sector before defined in the number of users.

NFT: speculative boom at age

July pictures speak: +96 % of exchange volume ($ 530 million) compared to Junebut -4 % of transactions. Result: The average price doubled from $ 52 to $ 105.

The A collection with blue chipsAs a cryptopunky (+25 % per month), this revival bears: 9 out of the 10 largest NFT sales in 24 hours were punks. The signs will not happen back. Nike cooperates with EA Sports to start virtual sneakers, Louis Vuitton and Rolex Explore the authentication of blockchainWhile Coca-Cola China tests digital collector items.

Infographic reflects the volume of transactions and the number of NFT sales Infographic reflects the volume of transactions and the number of NFT sales
NFT volume of transactions and number of sales

User cases are expanded: digital identity, office ticket for event, gaming, tokenization of real asset. According to Dappradar:

NFT develops from a simple fashion effect for usefulness, handing over collector’s objects and culture to identity, cash register, playing and tokenization of real assets.

This shift towards service marks and strategic change : Less impulsive purchases, greater integration into digital services.

Web3 in permanent composition

In the crypto ecosystem Sectors’ hierarchy It changes rapidly. In July, games were 22.4 %of DAPP activity, before AI (18.7 %) and NFT (17.5 %). Defi, although backup users, remains necessary for capital: ETH jumped 60 % per month -ethereum Crypto has recently exceeded $ 4,000 -and Stoking Awards reached 29.4 % APY.

On the Solana, Hyperliquid generated 35 % of Blockchain incomeAdministration 60 % of the daily volume of permanent and $ 5.1 billion in BRIDEGE USDC. However, everything is not pink: exploitation and Hackes cost $ 132 million in July, ie +16 % compared to June.

Numbers that redraw the ecosystem web 3:

  • 270 billion $: TVL record from Defi 28 July;
  • $ 530 million: NFT volume in July, +96 % per month;
  • 3,85 m: daily active wallets for NFT DAPP;
  • $ 132 million: losses related to exploitation in July.

In the face of this table, the Regulation is proceeding: in the United States, the Genius Act and the Canty Act, it prepares the way to more liquid integration between decentralized financing and traditional financing. The “Project Crypto”, presented by Suchý, even provides specific defi standards.

NFT is no longer a simple fashion: they excel as a lever for transformation in a crypto universe. By diversifying their use, new bridges are formed between digital assets and traditional markets. Dynamics that could eventually develop the way in which exchanges and trading are organized in Web3.

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Mikaia A. AvatarMikaia A. Avatar

Mikaia A.

Blockchain and crypto revolution! And the day when the impacts will be felt on the most vulnerable economy of this world, I would say against all hope that I was there for something

Renunciation

The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.

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