Years on and dozens of experiments later, Ethereum still remains the number one choice among developers of decentralized applications for deploying their products and services. The “2020 Q1 Dapp Market Report” published by Dapp.com clearly demonstrates the ongoing trend, as the statistics show that 635 DApps, or roughly half of all functioning DApps on the market, are based on the Ethereum network with 616,369 active users.
Even despite the seemingly gloomy mood prevailing in the global economy, Ethereum is living through its Golden Age in the rapidly developing decentralized finance market. In the first quarter of 2020, the average daily rate of activity of wallets interacting with DApps on Ethereum increased by 16% compared with the previous quarter. The “2020 Q1 Dapp Industry Review” report conducted by DappRadar clearly demonstrates the growing trend.