Web3 Gaming & DeFi Drive Sector Activity Despite October Market Slump

Despite a 3% decline in total daily active wallets to 16 million, Web3 gaming and decentralized finance (DeFi) remained the most active sectors in October according to DappRadar’s latest report. This sector saw activity soar with Web3 gaming claiming a record 27.9% share of all decentralized application (DApp) activity during the month, reaching its highest point of the year. Meanwhile, DeFi maintained solid engagement levels at 18.4%, demonstrating resilience against market volatility and regulatory pressures.