gm Web3 explorers, In this newsletter we look at the recent growth in the SocialFi sector, a supply shock for $ETH, and a crypto company that wants to be able to reverse stablecoin payments. Also, you can now finally manage your newsletter preferences inside your DappRadar account settings. Nice! Let's go! π‘π |
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π‘On Your Radar: Industry headlines
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π΅ Bitwise filed for an Avalanche ETF with the SEC, signaling growing institutional interest in alternative blockchains. Dapps volume on Avalanche increased 144% in the past 30 days, reaching $3.56 billion. DeFi TVL grew 12% to $1.8 billion, while the number of active wallets increased by 121% to 222,910 wallets. π¦ ING, UniCredit, and 7 other European banks will work together to launch a euro-pegged stablecoin in compliance with Europe's MiCA framework. Earlier this week a European politician suggested that the digital euro will not arrive before 2029. (source) π· Party game Forgotten Playland, powered by Beam, is coming to Steam. The game was already available through the Epic Games Store. The native $FP token has a market cap of $1,000,000. Cosmetics for the game can be purchased through Sphere Market with a minimum price of 1,400 $BEAM, or $10.12 at the current rates. π¦ The supply of ether, better known as $ETH, has hit a 9-year low. The reason for this supply shock would be the involvement of Wall Street. ETFs and other financial vehicles are dipping their toes into ETH, creating institutional demand. The last time we've seen less than 14.9 million ETH inside crypto exchanges, would be back in July 2016. (Glassnode) π· During Q3 2025, the SocialFi sector has made a comeback. In June the sector reached its low point of the year with 2.5 million UAW per week. Right now, Social dapps attract over 6 million wallets per week. Dapps like Focus Tree on Starknet (+57%), Anome on Base (+1,480%) and OnchainGM (+43%) are among the fastest growing dapps in the sector. π΅ What about gaming? Well, back in the first week of July, gaming saw only $6.6 million in dapps volume. While in the last week that number increased to more than $20.9 million. That's 3x growth in less than 2.5 months. Games with the highest volume this month are Axie Infinity, Cambria: Dual Arena, Bit Hotel, Football.fun, MotoDEX and Zerpmon, which surprisingly is built on XRP Ledger. |
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π Revolutionizing Web3 Horse Racing on Solana
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SPONSORED -- Every race, every sale, every breed, every stable - recorded and verified on Solana. This is Web3 gaming at its best. Photo Finish Live is the AAA horse racing game that's gone fully onchain. Read our guide. |
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DappRadar x Freename: Your own .radar domain name
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DappRadar is excited to announce the integration of Freename domain names, meaning that holders can search their domain names on the DappRadar platform. In addition, any DappRadar community member whose account reaches level 40 can claim their own .radar domain name. |
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π΅ Circle wants to reverse crypto transactions |
Crypto company Circle is exploring methods to "reverse" crypto transactions with its USDC stablecoin. CEO Heath Tarbert told this to Financial Times. This would break from the crypto ethos, where third-parties aren't allowed to intervene in P2P transactions, as that would enable censorship. Circle is the company behind the USDC stablecoin. It's an American company with more than $73.7 billion in USDC on the blockchain. The company is working on its own stablecoin blockchain, called Arc. They will be competing against payment processor Stripe and their Tempo blockchain, and while Tether and PayPal back the Stable L1 network. Circle's USDC payment reversal could become a huge benefit for the adoption of stablecoins, as it would put the service in line with traditional banking. However, it does seem like a huge step away from the original ideology of crypto: stepping away from the banks. π Would you agree to this? Do you want Circle to be able to reverse crypto transactions, and basically have a veto on your USDC purchases? Discuss with us on Discord. |
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π Solana Phone holders get access to Parallel Colony |
Parallel Colony is now available in Early Alpha Access for those who have a Solana Seeker phone ($500 through the official store). Colony is an AI-powered simulation game about survival in the science-fiction universe of Parallel. You need to manage your AI agents to collect resources, construct buildings, and protect them from threats like natural disasters and sabotage. The alpha is still very limited in its factions. However, players need to work together with their Parallel Avatar, which has a life of its own inside the game world. During the alpha, the team will sell $10 crates, which provide a random pet, skin or other items. The floor price for NFT avatars, also known as Parallel Avatars, now sits at $362. That's a 25% boost from a week ago. At the moment, key NFTs are in high demand. In the past week a Galaxy Key sold for 0.1 ETH, while the Prime Key changed wallets for 0.0267 ETH. With the Multifold Key, Gravity Key and Overclock Key there's plenty to choose from. In the past 30 days, Parallel did over $22,000 in NFT trading volume. |
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π₯ Manage your newsletter preferences on DappRadar
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Managing your newsletter preferences can now be done directly from your DappRadar account options. It's easy, and makes sure you receive whatever you want. 1. Make sure you're logged in to DappRadar 2. Click your account in the top right of the website 3. In the account pop-up, click "⚙️ Settings" 4. Scroll down on the page, and simply tick or untick whatever you want |
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Own, breed and race horses today
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Have a great day, DappRadar Team π |
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