In January, gaming and decentralized finance (DeFi) continued to dominate the decentralized applications (DApp) market. However, AI-powered DApps also gained traction, recording 2.2 million unique active wallets, according to a DappRadar report released on February 6.
DApp Market Overview: Gaming and DeFi Maintain Dominance
According to DappRadar, the average number of unique active wallets (UAWs) per day reached 26.7 million in January. Although this figure represents a 6% decline compared to December, DeFi applications remained the leading category in the DApp industry, further expanding their market share.
DeFi DApps accounted for 28.1% of all active wallets.
Gaming DApps closely followed with 27.8%.
Non-fungible token (NFT) DApps held 16.1%.
SocialFi applications made up 6.3%.
AI-Powered DApps Surpass SocialFi with 2.2 Million Active Wallets
AI-powered DApps saw significant growth, capturing an 8.5% market share, surpassing SocialFi applications in the process. DappRadar highlighted AI as a “huge growth sector”, stating that it could trigger the next bull market in the Web3 ecosystem.
In January, the most popular AI DApp was “LOL”, which recorded an astonishing 28.6 million unique active wallets. Dmail Network followed with 4.9 million, while the virtual influencer platform MEET48 had 2.8 million active wallets.
AI and Web3: A Growing Intersection
On February 4, researchers from Switzerland-based crypto bank Sygnum Bank identified crypto AI agents as one of the emerging trends of 2025. They noted a significant rise in interest in AI-related crypto projects, but also pointed out that while these AI agents are gaining attention, they still struggle to prove their long-term value, making the space highly speculative.
Despite this, the integration of AI with Web3 continues to accelerate. On February 6, stablecoin issuer Tether announced its entry into the AI sector. Tether CEO Paolo Ardoino revealed on X (Twitter) that the company’s AI division has developed an AI translation tool, voice assistant, and Bitcoin wallet assistant.
The Future of AI in the DApp Market
While the impact of AI on the DApp ecosystem remains uncertain, DappRadar believes this category will continue expanding. With increasing Web3 and AI integration, the next wave of innovation in the crypto space could be AI-driven.
What Do You Think?
Will AI-powered DApps become a major force in the Web3 ecosystem, or is this trend overhyped? Share your thoughts in the comments!
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