DeFi on the road to recovery? The NFT sector holds its own during the bear market

pictures and games – In one mARkETS rather lackluster global crypto, sectors of NFT AND GameFi keep and even tend to develop. Not a day goes by without it new partnership announcement or starting a project. What vitality! And the last report of DappRadar proves it with numbers.

Overall volume is down, but sales are up

DappRadar is a listing platform decentralized applications tall 20 different blockchain and which allows access to many data such as the number and volume of transactions or the number of users. Last week, specialized press echoed a report every quarter, which takes into account the NFT and GameFi sectors – blockchain based games and who can make money.

The first thing to notice is dwindle in general transaction volume of NFTs. Between the second and third quarter, it decreased by 67% to rise to 2.71 billions of dollars. That said, during the same period, there was still an increase in 8.3% Sales. This crossover dynamic is explained by the decline in the value of the cryptos in which we express the price of NFT. But back to our data. We can see that the month of September is slightly better than month iAugust with an increase of 10.4% volume and 21% number of sales. This shows that interest in NFTs is far from waning.

Yuga Labs holds the market with its best selling collections

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Only strong NFT projects survive… With a few exceptions

But the data global hiding of course inequalities between projects. side Ethereumbetween the third and second quarters, the volume of transactions fell by 76% when the number of transactions increased by 11%. While on the Solana side, during the same period, there is a decrease 63% of transaction volume. But these numbers quarter do not necessarily reflect reality monthly. Indeed, thanks to the launch of the collection «00 ts “in Solanatransaction volume jumped from 96% in a month!

Apart from the new collections and their inevitable fashion effect, these are above all what they are called blue chips that hold the market. And, in this area, the house Yuga Laboratories wins votes with OtherSide, Bored Ape Yacht Club, Mutant Ape Yacht Club, and CryptoPunks collections. These four projects represent approx half capitalization global NFT (46.21%)!

he will play, he will play a lot
GameFi didn’t lose players despite the crypto crash

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The game to win remains profitable and does not lose players

Finally, the last interesting piece of information in this report is about games based on blockchain. the number ofaddresses portfolios increased by 8% to reach 912,000 between the month ofAugust and the month of September. The report concludes on this topic:

“This is an optimistic sign for blockchain gaming, as many had speculated that if decentralized gaming applications cease to be financially beneficial to ordinary users, they would lose most of their player base. . It turned out to be wrong. »

not dissatisfied for all those who were planning one collapsing of the NFT market and who shouted at them speculation clean, NFTs and video games always have theirs worshiper. And successful collections continue to attract stars like everyone else. Of course, some stories big losses will continue to feed the chronicles specializedbut thankfully they remain on the sidelines.

Full of promise, DeFi is in its infancy and still makes some resounding mistakes. There are 36 ways to protect your cryptocurrencies! Keep them safe in a Ledger wallet. Free shipping (commercial link).

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