BNB Chain deployed the most dApps in 2022, while Ethereum led the pack for NFT transactions
NFT
cryptoslate.com
20 January 2023 12:21, UTC
Studying time: ~2 m
BNB Chain deployed the best variety of dApps all through 2022 with 2,163 dApps, whereas Ethereum ranked first for quantity of NFT transactions, in accordance with a latest report by DappRadar.
With 21.2 million transactions, Ethereum (ETH) grew to become the busiest platform for NFT gross sales in 2022, adopted by WAX (WAXP) and Polygon (MATIC) at second and third place with 14.5 million 13.3 million transactions, respectively. In the meantime, BNB Chain solely recorded 1 million NFT transactions all year long.
dApp Integrations
Although it recorded a 7% lower since 2021, BNB Chain remained on the high of the listing by integrating 2,163 dApps in 2022. Polygon and Ethereum are second and third within the rating, with over 500 integrations every.
Apart from BNB Chain, Ethereum, and TRON (TRX), all others recorded will increase within the variety of built-in dApps.
As of the top of 2022, BNB Chain’s dominance of dApp integrations sits at 36.7%, versus 43.7% in 2021. Coming second in line, Polygon’s dominance additionally decreased barely to 12.8% in 2022 from 13% in 2021. Ethereum’s dominance additionally shrunk from 16.4% in 2021 to 11.4%
Purposes that posed a excessive monetary or operational threat have been the dominant dApp class for BNB Chain, with 31%. Gaming and NFT have been essentially the most prevalent classes for Polygon and Ethereum, with 21% and 35%, respectively.
NFT Gross sales
Ethereum-based NFT gross sales exceeded 21.2 million in 2022 — a 207% improve from 2021’s 6.9 million.
Wax and Polygon adopted Ethereum as second and third with 14.5 million and 13.3 million transactions, respectively. Regardless of its main efficiency in dApp installments, BNB Chain is ranked on the backside of the listing with 1 million NFT transactions.
Primarily based on year-over-year progress percentages, nevertheless, Solana (SOL) and Immutable X (IMX) surpass Ethereum as first and second. Versus Ethereum’s 207% progress, Solana’s transaction depend recorded a 440% improve, whereas Immutable X grew by 315%.
Ethereum can also be the community with the best intrinsic NFT worth in 2022, with over $300 per NFT transaction. Polygon and Solana comply with Ethereum as second and third, with $104 and $88 per transaction, respectively.
