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Airdrop

An Airdrop is a distribution of free tokens to a community, typically used as a marketing tool or a reward for early protocol adopters and testers. In 2026, the "points-to-airdrop" model has matured into merit-based incentive programs that utilize Sybil-resistance and Proof-of-Humanity to filter out bots. Airdrops remain a primary method for decentralized governance (DAO) bootstrapping. Follow this tag for the latest on retroactive rewards, eligibility criteria, and how to participate in the most anticipated token distributions in the ecosystem.

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Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
With ETF listings, the mainstreaming of stablecoins, and more favorable regulations, why haven't these major positive developments ignited the market?

With ETF listings, the mainstreaming of stablecoins, and more favorable regulations, why haven't these major positive developments ignited the market?

Original text: Santiago R. Santos, founder of Inversion Translator: Azuma; Editor: Hao Fangzhou Produced by: Odaily Planet Daily In this cycle, those who follow cryptocurrencies will often see news headlines like the following: A certain ETF has been launched; A well-known company is integrating stablecoins; Regulation is becoming more friendly; Undoubtedly, these are the kinds of developments we wanted to see, so why has the market fallen to such a terrible state? Why has the US stock market risen 15-20% this year, while Bitcoin has only experienced a rollercoaster ride of ups and downs? Why do you always end up getting deeper and deeper into losses with your favorite altcoins, even though the mainstream view no longer considers the cryptocurrency industry a scam? Let's talk about the reasons. Using ≠ Rising Crypto Twitter is based on the deeply ingrained assumption that "once institutions come along, regulations become clear, and giants are willing to issue tokens... all problems will be solved, and prices will soar to the moon." Okay, they did come, you've definitely seen it on the news, but you also see our current situation... In the investment field, there is only one truly crucial question: Has the market already priced in the positive news? This is always the hardest thing to judge, but market behavior is telling us a hard-to-accept fact: everything we wanted has come true, but prices haven't gone up. Is the market inefficient? Absolutely! Why is that? Because the pricing of most crypto assets is severely out of sync with reality. What does a $1.5 trillion market capitalization of counterfeit goods actually represent? Let's broaden our perspective. Bitcoin is a completely independent asset class—a perfect narrative, just like gold. Bitcoin has a market capitalization of approximately $1.9 trillion, while gold has a market capitalization of approximately $29 trillion, meaning the former accounts for less than 10% of the latter's market capitalization. This gives it a clear logic to its "hedging + options" value. Ethereum, Ripple, Solana, and all other altcoins combined have a market capitalization of approximately $1.5 trillion, but their narrative foundations are far more fragile. Few people now deny the potential of blockchain technology, and almost no one says the entire industry is a scam anymore; that phase has truly passed. But "potential" cannot answer the real question – can this industry with only about 40 million active users really be worth trillions of dollars? Meanwhile, rumors are circulating that OpenAI will IPO at a valuation of nearly $1 trillion, and its user base is said to be 20 times that of the entire cryptocurrency ecosystem. You can think about this comparison in detail. At times like these, we must ask ourselves a real question: What is the best way to gain exposure to cryptocurrencies right now? Historically, the answer has been infrastructure, such as early ETH, early SOL, or early DeFi tokens. This strategy worked at the time. What about today? Most of these assets are priced as if we've already determined there will be a 100x increase in usage and a 100x increase in revenue. The pricing is perfect, but there's no margin of safety. The market isn't stupid, it's just greedy. During this period, the headlines we were expecting have all become reality... but a few facts have become clear: The market doesn't care about your story; it cares about the gap between price and fundamentals. If this gap persists, the market will eventually lose faith in you, especially after you start actually generating revenue. Cryptocurrencies are no longer the hottest trading subject; AI is. Money always chases momentum; that's how modern markets work. Right now, AI is the main player, not cryptocurrency. Businesses follow business logic, not ideology. Stripe's launch of Tempo is a wake-up call. Businesses won't use public infrastructure just because they've heard Ethereum is the world computer on Bankless; they'll go where their needs are best met. So I'm not surprised at all that your tokens haven't gone up, even though Larry Fink (BlackRock CEO) has already entered the market. When asset pricing is perfect, a tiny gesture from Powell (Chairman of the Federal Reserve) or a strange look from Huang (CEO of Nvidia) is enough to destroy an entire investment argument. Quick calculations for ETH and SOL: Why is revenue not equal to profit? Let's do some rough calculations on the mainstream Layer 1. First, let's look at staking—note that this is not profit: Solana: The staked amount is approximately 419 million SOL, with an annualized return of approximately 6%, corresponding to an annual staking reward of approximately 25 million SOL. At an estimated value of $140 per SOL, this is worth approximately $3.5 billion. Ethereum: The staked amount is approximately 33.8 million ETH, with an annualized return of approximately 4%, corresponding to an annual staking reward of approximately 1.35 million ETH. At an estimated value of $3,100 per ETH, this is worth approximately $4.2 billion. Some might point to staking rewards and say, "Look, stakers get rewards! That's value capture!" That's completely wrong. Staking rewards are not value capture; they are inflation, dilution, and security costs, not profits. The real economic value comes from user payments, tips, and MEV (Mean Electricity), which is the part of a blockchain that is closest to "revenue". In this respect, Ethereum generated approximately $2.7 billion in transaction fees in 2024, leading all public chains; Solana, on the other hand, has recently taken the lead in network revenue, generating hundreds of millions of dollars in revenue each quarter. So, let's make a rough estimate of the current situation: Ethereum has a market capitalization of approximately $400 billion and generates about $1-2 billion in "revenue" annually through fees and MEVs. This is equivalent to a price-to-sales ratio (P/S) of 200-400 times, based on "casino-style revenue" during periods of market frenzy. With a market capitalization of approximately $750-800 billion, Solana has annual revenue exceeding $1 billion. Based on the breadth of your estimated annual revenue (please do not select peak months and extrapolate from them to the whole year), its price-to-sales ratio is approximately 20-60. These are not precise, nor is it necessary to be precise. We are not submitting documents to the SEC; we simply want to see if the same standards are being used when valuing such assets. This doesn't even touch on the real problem. The core issue is that this revenue is not sustainable, recurring—it's not stable, enterprise-level long-term revenue; it stems from highly cyclical, speculative, recurring, but unstable trading activity. Perpetual contracts; Meme token; Liquidation; MEV peak; Various forms of "on-chain casino-style" high-frequency speculation; In a bull market, network fees and MEV revenue both surge; but in a bear market, they vanish without a trace. This isn't "recurring revenue" for SaaS; it's more like a Las Vegas casino. You wouldn't give a company that only makes money when the casino is packed every 3-4 years a valuation multiple similar to Shopify's. Different businesses should have different valuation multiples. Returning to "fundamentals" In any logically self-consistent universe, it is difficult to explain how Ethereum's market capitalization of over $400 billion corresponds to a fee income of only $1-2 billion, which is highly cyclical. How can this be considered a "value" investment? That implies a price-to-sales ratio of 200 to 400, even with slowing growth and value being continuously siphoned off by Layer 2. ETH's role is like that of a strange federal government, only receiving "state-level taxes," while the individual states (Layer 2) keep most of the added value for themselves. We hyped ETH up to the "world computer," but its cash flow situation doesn't justify its price at all. Ethereum reminds me a lot of Cisco back in the day—early lead, misjudged valuation multiples, and an all-time high that may never be reached again. In comparison, Solana seems less insane—not cheap, but not outrageous either. With a market cap of $750-800 billion, it could generate billions in annual revenue—generously estimating a price-to-sales ratio of 20-40. This is still high, still has a bubble, but is "relatively cheap" than ETH. To understand these valuation multiples correctly, let's look at Nvidia, the world's most popular growth stock, whose price-to-earnings ratio is around 40-45 (note, not price-to-sales ratio), and it also possesses: Real income; True profit margin; Global business needs; Sustainable and contractually guaranteed income; And customers outside of crypto casinos (it's worth mentioning that cryptocurrency miners were Nvidia's first truly high-growth source). To reiterate, the revenue streams for these blockchains are cyclical "casino-style revenues," not stable, predictable cash flows. Strictly speaking, these blockchains should be traded at a discount, not at a premium to tech companies. If the industry's revenue cannot shift from speculative trading to real, recurring economic value, most valuations will be repriced. We're still in the early stages... but not the kind of early stages. One day, prices will return to fundamentals, but not yet. Currently, there is no fundamental reason to pay high valuation multiples for most tokens. Many networks, after deducting subsidies and airdrop incentives, don't capture any real value at all. Most of the "profits" are tied to speculative activities of casino-like products. We've built a track that allows for instant, low-cost global fund transfers 24/7... yet we believe its best use case is a slot machine. This is short-term greed and long-term laziness. To quote Netflix co-founder Marc Randolph: "Culture is not what you say, it's what you do." Don't talk to me about decentralization when your flagship product is a 10x leveraged perpetual contract on Fartcoin. We can do better. This is the only way for us to upgrade from an over-financialized niche casino to a truly long-term industry. End of the initial phase I don't think this is the end of the crypto industry, but I do think it's the end of the "early stage". We have over-invested in infrastructure—more than a hundred billion dollars poured into blockchain, cross-chain bridges, Layer 2, and all kinds of infrastructure—but have seriously under-invested in actual deployment, products, and users. We keep boasting: TPS; Block space; fancy Rollup architecture; But users don't care about these things; what they care about is: Is it cheaper? Is it faster? Is it more convenient? And whether their problems have truly been solved; It's time to return to cash flow, to the unit economics model, and to the most fundamental questions—who are our users? What are we trying to solve? Where is the real upside potential? I have been a long-term bull on cryptocurrencies for over a decade, and that has not changed. I still believe: Stablecoins will become the default payment mechanism; Open, neutral infrastructure will underpin global finance behind the scenes; The company will use this technology because it is economically sound, not because of ideology; However, I believe the biggest winners of the next decade will not be today's Layer 1 or Layer 2. Historically, the winners of each technology cycle have emerged at the user aggregation layer, not the infrastructure layer. The internet made computing/storage cheap, and wealth flowed to Amazon, Google, and Apple—those who leveraged inexpensive infrastructure to serve billions of users. Cryptocurrencies will be similar: Block space is a commodity; The marginal benefits of infrastructure upgrades are diminishing. Users always pay for convenience; Those who can aggregate users will capture most of the value; The biggest opportunity now lies in integrating this technology into established businesses. Dismantling the outdated financial systems from before the internet age and replacing them with encrypted systems is possible, provided these new systems truly reduce costs and increase efficiency—just as the internet, with its undeniable economic impact, has quietly upgraded everything from retail to industry. People embraced the internet and software because they were economically viable, and cryptocurrencies will be no exception. We can wait another decade for it to happen. Or we can start taking action now. Update your understanding So where are we now? The technology remains viable, the potential is still enormous, and real-world applications are still in their early stages. Now is a good time to re-evaluate everything. Revalue networks based on real-world usage and cost-effectiveness, rather than ideology; Not all income is created equal: it is important to distinguish between truly “sustainable” income and “cyclical” speculative income. The winners of the last decade will not dominate the next decade; Stop using token prices as a scoreboard for validating technology; We're still in such a early stage that we're like cavemen, judging a technology's effectiveness by its token price. Nobody will choose AWS or Azure just because Amazon or Microsoft's stock price went up one week. We can wait another ten years for companies to adopt this technology, or we can start now and bring real GDP onto the blockchain. The work is not yet finished; we must learn to think in reverse.

Author: PANews

2025/11/19

Bonk Price: $BONK Hits 7 Day Low As Traders Prepare To Rotate Into FROGE

Bonk Price: $BONK Hits 7 Day Low As Traders Prepare To Rotate Into FROGE

BONK’s pullback is pushing traders toward fresh meme narratives, with FROGE’s fair launch on November 18 emerging as the main rotation play on Solana.

Author: Blockchainreporter

2025/11/19

Top Airdrop of the Month? IPO Genie’s Reward Pool Surges After User Spike

Top Airdrop of the Month? IPO Genie’s Reward Pool Surges After User Spike

The post Top Airdrop of the Month? IPO Genie’s Reward Pool Surges After User Spike appeared on BitcoinEthereumNews.com. Crypto Presales Is IPO Genie the top airdrop 2025 to watch? Explore its rising user growth, reward structure, and top crypto presale appeal. This year 2025 has been full of new drops, new trends, and new hype. Still, only a few stand out with real value. One name now sits at the center of this talk. IPO Genie $IPO. Many users online call it the top airdrop 2025, and its reward pool keeps growing after a sharp rise in new signups. In this report, we will look at why the interest jumped, how the rewards work, how to join, and how IPO Genie links its airdrop to its role as a rising Top crypto Presale project. We will also cover why the platform fits the idea of “best airdrop rewards” in a simple and direct way.The aim is clear. Give you a short, clean guide. Show the key steps. Show why people care. And show how this airdrop connects to what is best and trending today in the AI token space. No fluff. No long stories. Just value. Why This Airdrop Became a Top Airdrop 2025 Trend The interest in IPO Genie grew fast for simple reasons. People want tokens that feel clear, fair, and easy to join. This airdrop checks those boxes. Rules are simple, tasks are straightforward, and the team is visible. And the project links to real access inside private markets, which gives it more trust among new users. Below are the traits that helped it rise in the top airdrop 2025 charts. The reward pool is large through its official offering of up to $50,000 for 40 winners. The team gives clear steps and clear checks. The tasks are short and friendly for beginners. The prize is tied to a real platform, not a random meme…

Author: BitcoinEthereumNews

2025/11/19

Will $SHIB Losses Deepen? Traders Mindshare Gravitates To FROGE Fair Launch

Will $SHIB Losses Deepen? Traders Mindshare Gravitates To FROGE Fair Launch

The post Will $SHIB Losses Deepen? Traders Mindshare Gravitates To FROGE Fair Launch appeared on BitcoinEthereumNews.com. SPONSORED POST* The FROGE launch on November 18 is a rejuvenating event for the meme coin niche, which has been left groggy by consecutive bearish hits. This unique coin chose to join the crypto fray with a fair launch, no presales, and no insiders. Its decision signals a transparent project built on a solid structure that doesn’t need to bargain for early funding to continue its development. Many traders have now shifted their focus from the declining SHIB price and other underperforming crypto to high-potential meme coins like FROGE. FROGE: A Fair Launch for a Truth-Seeking Community FROGE seeks to redefine the meme coin culture with an entertainment platform dedicated to creators, gamers, and truth-seeking coin collectors. Its approach and long list of innovative features have convinced the broader crypto community to take note of its potential. FROGE users get to join a rapidly growing ecosystem of limitless entertainment and value-generating features: Livestream games AI memes and voice riddles Anonymous AR identities Interactive events, mission, and challenges NFTs, airdrops, and user-generated content Furthermore, users can be both the cast and the audience in most of these activities. They can participate in live game shows, stream their progress, create and share memes, all under the anonymity of an AR digital ID. Each engagement is rewarded with NFTs and FROINTS. The latter allows users to rank higher in leaderboards and unlock special events, features, and airdrops. All in all, FROGE rewards collective creation, added to its feature-rich ecosystem, and builds toward its ultimate goal: a new standard in meme entertainment. FROGE nurtures interactive participation through real features and utility. FROGE caters to crypto enthusiasts and traders who seek transparency and utility. The team believes that Web3 needs a reset to let go of fake promises and embrace truth-seeking initiatives. To this end,…

Author: BitcoinEthereumNews

2025/11/19

Top 10 Cryptos to Buy Before 2026 Featuring IPO Genie

Top 10 Cryptos to Buy Before 2026 Featuring IPO Genie

The post Top 10 Cryptos to Buy Before 2026 Featuring IPO Genie appeared on BitcoinEthereumNews.com. Crypto Presales Discover the top crypto 2025 investments with this list of 10 must-watch tokens. See why IPO Genie leads the way and which projects could surge before 2026. Why These 10 Cryptos Matter Before 2026 Why IPO Genie Leads the Top Crypto 2025 List IPO Genie $IPO leads many top crypto 2025 lists because it gives access that most people never get. Private markets used to be more exclusive and harder to reach. IPO Genie now offers a clear token system that opens these early opportunities to regular users. The platform uses clear AI tools to find strong early-stage startups. It shows each step on-chain so users see what is real. The dashboard feels simple, even for new buyers. This makes it one of the best emerging cryptocurrencies 2025 has produced. IPO Genie focuses on real deals, not vague ideas. It gives access before companies reach the spotlight. It builds trust through open data and a structure anyone can follow. People who want crypto projects with real utility see it as the right fit. It also appeals to users who want high-potential presale tokens with long-term value. Many believe it may be one of the next big crypto opportunities. How to Join IPO Genie A Simple Buyer’s Guide Joining IPO Genie is a simple path. Many users follow the steps below with ease. It works on the blockchain and keeps every action visible. Here is the basic flow for new buyers who want to join a top crypto 2025 choice. This guide helps anyone who wants clarity. It also helps people compare top crypto 2025 investments. The system feels much easier than most early-stage blockchain tokens because the rules are plain and the steps are short. New buyers follow it without trouble and feel safe during the process. Ethereum:…

Author: BitcoinEthereumNews

2025/11/19

N4T launches ICO with a new vision of “Crypto Nobel” ecosystem

N4T launches ICO with a new vision of “Crypto Nobel” ecosystem

The post N4T launches ICO with a new vision of “Crypto Nobel” ecosystem appeared on BitcoinEthereumNews.com. As blockchain ecosystems evolve past the traditional norms of trading and technical innovation, some projects are beginning to use tokens as a means of cultural expression and collective influence. N4T, short for Nobel For Trump, an ERC-20 token, has accomplished exactly that. As the world’s first crypto campaign, the token underlying architecture is designed to merge politics, culture, and blockchain as part of a broader global peace initiative. Following two pre-sale rounds that closed within 48 hours, N4T has now opened its public ICO, expanding its reach to a wider audience interested in movement-driven, community-governed projects. What is N4T?  N4T is a cause-driven meme token built on Ethereum, and is defined as a digital movement rather than a conventional crypto asset. The project uses its tokenomics, community design, and cultural symbolism to experiment with how decentralised participation can support message-driven initiatives, particularly those centered on peace, recognition, and global dialogue. And while the token’s name, Nobel For Trump, draws from a familiar political reference point, the project frames this as a narrative device rather than an endorsement.  N4T initially emerged as a cultural experiment exploring how meme-driven communities shape public dialogue. What began as an online movement gradually evolved into a structured initiative with a defined roadmap, audited smart contracts, and a long-term plan to support peace-oriented engagement. “We’re showing that crypto virality can have purpose,” says Erik Amirbai Lang, Co-founder of N4T. “N4T demonstrates how blockchain communities can use creative energy to promote dialogue, collaboration, and peace to help achieve real results,” Erik adds. The project also introduces the idea of a “Crypto Nobel” ecosystem, an eventual network where token holders can participate in recognition campaigns, cultural initiatives, and DAO-driven governance. In this model, the token becomes both a symbol and a mechanism as it forms a way to…

Author: BitcoinEthereumNews

2025/11/19

Top Airdrop of the Month? IPO Genie’s Reward Pool Surges After User Spike | Top Crypto Presale Insight

Top Airdrop of the Month? IPO Genie’s Reward Pool Surges After User Spike | Top Crypto Presale Insight

This year 2025 has been full of new drops, new trends, and new hype. Still, only a few stand out […] The post Top Airdrop of the Month? IPO Genie’s Reward Pool Surges After User Spike | Top Crypto Presale Insight appeared first on Coindoo.

Author: Coindoo

2025/11/18

Cardano Founder Reveals Midnight’s NIGHT Token Launch Date

Cardano Founder Reveals Midnight’s NIGHT Token Launch Date

The post Cardano Founder Reveals Midnight’s NIGHT Token Launch Date appeared first on Coinpedia Fintech News Cardano fans have waited months for this day, and now the moment is finally here. Charles Hoskinson, founder of Cardano, has officially confirmed that NIGHT, the native token of Midnight, will launch on December 8, 2025.  The token will officially roll out on December 8, 2025, with both distribution and trading starting the same day. …

Author: CoinPedia

2025/11/18

DappRadar bids farewell to what was once a grand dream of the GameFi and NFT craze.

DappRadar bids farewell to what was once a grand dream of the GameFi and NFT craze.

Author: Zen, PANews Like leaves falling endlessly, the "death" of numerous projects is an inevitable stage in the industry cycle as it enters a downturn, something that practitioners have long been accustomed to. However, the announcement yesterday by the well-known decentralized application data platform DappRadar that it will cease operations still sent shockwaves through the entire industry. In less than 24 hours, DappRadar's announcement tweet had garnered over 1.6 million views. The phrase "Seven years later, it's time to say goodbye" evoked sadness, nostalgia, and a desire to offer help. CoinMarketCap CEO @RushCMC asked, "Is there any way to keep you here?" Many others lamented, "In a pure Web3 world, projects like DappRadar should be thriving." The "seven-year itch" is difficult to overcome; business shut down due to imbalance between income and expenditure. On November 17, 2025, DappRadar co-founders Skirmantas Januskas and Dunica Dragos announced on the social media platform X that they would be gradually ceasing their data tracking services for all blockchains and DApps over the next few days. They stated that they had tried various options in the past, but ultimately had to make the difficult decision to shut down the business. The two founders stated that in the seven years since its inception, the DappRadar platform has collaborated with hundreds of blockchains and thousands of projects. However, the platform's current scale and cost structure are no longer compatible with the market environment, and operating a platform of this size is financially unsustainable. To some extent, the massive data infrastructure built during the high traffic of the bull market has become a money-burning "burden" during the long bear market. Coupled with the lack of revenue channels, this has contributed to its current situation of being unable to make ends meet and becoming unsustainable. DappRadar has previously raised approximately $7.33 million in two funding rounds, including a $5 million Series A round in May 2021 led by Prosus Ventures and Lightspeed Venture Partners, with participation from Blockchain Ventures and others. During that period of cryptocurrency adoption and rampant speculation, these funds were used to expand data coverage and product functionality. Regarding the platform token, the DappRadar team adopted a gradual release strategy. Its native token, RADAR, initially had a relatively small circulating supply. Launched in December 2021, approximately 10.6% of the total supply was released by the end of 2023. However, after the beginning of 2024, the price of RADAR tokens generally declined continuously, falling far from its peak of $0.05, a drop of over 97% . RADAR token price chart, data source: CoinGecko Following the announcement of the shutdown, the price of RADAR plummeted by approximately 30% that day, reaching around $0.0006838 as of 7 PM Beijing time on November 18th. The team has not yet clarified the future arrangements for the RADAR token and DappRadar DAO, only stating that they will solicit opinions through community channels and announce their decision. Why is DappRadar's business model unsustainable? The financial unsustainability stems more from DappRadar's business model and revenue streams. As a data platform, the issuance and operation of the RADAR token is also part of its business model and is tied to user paid subscriptions. In 2021, when DappRadar issued its native token RADAR, it also launched the DappRadar PRO premium membership service. Compared to the basic features of the free version for regular users, PRO members can access exclusive data, customized alerts, advanced filtering, and other exclusive benefits. Unlike traditional paid subscription models, DappRadar PRO uses a token staking system: users must stake a certain amount of RADAR tokens to activate their membership, with a 30-day unlocking cooldown period. This design, on the one hand, promotes token demand, and on the other hand, incentivizes users to hold tokens long-term through a 15% annualized staking reward. This approach of linking advanced features with the token economy can theoretically drive token value growth through user holdings and staking. Targeting B2B clients, DappRadar primarily monetizes through advertising via its data community. Advertising formats include banner ads on its website, sponsored articles, social media promotions, co-hosting online events, email marketing, and sponsoring token airdrops, with varying pricing structures. During the industry's heyday, these revenue streams were substantial and constituted a significant portion of DappRadar's income. During a period of narrative failure and market downturn, DappRadar also experimented with launching other services to increase platform revenue. In May of this year, DappRadar also launched the DappRadar Premium subscription service for developers, which is charged per Dapp at $249 per project per month. Purchasing a premium subscription entitles users to greater exposure on project pages, priority review of submitted updates, more detailed monthly traffic and on-chain metric reports, and customized data dashboards. This model essentially charges projects a marketing and data analytics service fee, aiming to generate recurring revenue for the platform. Clearly, this measure proved ineffective, and six months after the launch of DappRadar Premium, DappRadar reached its end. Essentially, its meager revenue was inextricably linked to the decline of the very sector it chose to focus on. The Great Decline of GameFi and the NFT Industry Although DappRadar has been providing data on all categories of dApps, and its homepage navigation covers multiple categories such as DeFi, NFTs, Games, Tokens, and Exchanges, its brand influence and revenue opportunities are highly concentrated in the blockchain gaming and NFT sectors. During the previous bull market, its rankings, market data, and reports were frequently cited by the media, investors, and players. Especially in the blockchain gaming/GameFi sector, during the period when the P2E model maintained high activity, the DappRadar platform was favored for its comprehensive, accurate, and objective data, becoming a significant driver of its traffic growth. DappRadar has also remained true to its original mission, cultivating deep expertise in the gaming field for a long time, and its original content, such as blog posts and reports, is mostly related to blockchain gaming. Upon hearing the news of DappRadar's shutdown, Jihoz, co-founder of the well-known blockchain game Axie Infinity and the gaming public chain Ronin, expressed his deep sadness, saying that checking their game's ranking on the Ethereum leaderboard every day had become a daily habit. Even when Jihoz first met his future wife in 2019, he introduced her to her, saying, "Our game is ranked number one on DappRadar, with 200 daily active users." Another strength of DappRadar is its NFT market data tracking and ranking system, which is also a tool for many NFT players to learn about data when they first enter the field. NFT marketplace Element stated that DappRadar, as one of the most comprehensive NFT data platforms, has been used by them to track industry trends, and said, "DappRadar has always been a veteran in the cryptocurrency field, and it is a pity to see it come to an end." As the saying goes, "what goes up must come down." With the continued decline in the activity of NFTs and GameFi after 2022, project marketing budgets have shrunk, and user and media attention has decreased. DappRadar's two most commercially promising businesses have long since faded away. According to DappRadar's latest blockchain game report , the average daily active wallets for blockchain games in the third quarter were 4.66 million, a further decrease of 4.4% compared to the second quarter. In the first quarter of this year, there were 5.8 million, and the number has been slowly declining ever since. Furthermore, in the second quarter of 2025 alone, more than 300 Web3 games ceased updates or shut down, accounting for approximately 8% of the games listed on the platform. The NFT sector is also facing difficulties. According to CoinGecko data , the global NFT market capitalization plummeted by $3.5 billion in one month, from approximately $6.6 billion on October 5th, a drop of 45%. Even though sales increased in October, briefly pushing up the floor price of blue-chip NFTs, the market remains deeply sluggish. As a result, the disappearance of a large number of games and NFT projects and the continuous decrease in active players have led to a shrinking of the active ecosystem that platforms like DappRadar, which provide blockchain game and NFT data, can cover, and the external attention to the platform has also decreased accordingly. Finally, as DappRadar came to an end, many of the platform's longtime users began to realize—that it had such a difficult journey. This sense of loss and remembrance is both the highest respect for DappRadar and a poignant reminder of the industry's decline and dullness.

Author: PANews

2025/11/18

Top 10 Cryptos You Shouldn’t Miss Before 2026 Featuring IPO Genie

Top 10 Cryptos You Shouldn’t Miss Before 2026 Featuring IPO Genie

Why These 10 Cryptos Matter Before 2026 Why IPO Genie Leads the Top Crypto 2025 List IPO Genie $IPO leads […] The post Top 10 Cryptos You Shouldn’t Miss Before 2026 Featuring IPO Genie appeared first on Coindoo.

Author: Coindoo

2025/11/18

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