Main meals:
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Web3 daily activity was established steadily at 24 million in the second quarter of 2025, but the sector’s formation turns.
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Defi leads the census of transactions with 240 million weekly, however the use of ETHEREUM gas is now dominated by RWA, DePin and AI.
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Smart contracts, DEFI and RWAs are outperformed in the market, while artificial intelligence and DePin are late despite strong accounts.
Altcoins is more than speculative stakes on metal currencies outside Bitcoin. In most cases, they represent – or aim to represent – specific activity sectors within the Web3, which is an inhuman alternative to the old Internet and its services.
The evaluation of the state and the capabilities of the Altcoin market means looking beyond prices. The main indicators such as the use of gas and the number of unique active transactions and wallets (UAW) helps measure activity and adoption, while the performance of currency prices reveals whether the markets follow the directions of Onchain.
AI and Social DAPPS acquire adoption
UAW is a distinctive address that interacts with DAPS, which provides an agent for the expansion of adoption, although multiple portfolios for every user and automatic activity can distort results.
DAPPRADAR’s Q2 2025 a report A fixed daily wallet activity appears at about 24 million. However, the shift in the dominance of the sector is emerging. Crypto games remain the largest category, exceeding 20 % of the market share, although it is down from the first quarter. DEFI also slipped, as it decreased to less than 19 % of more than 26 %.
On the contrary, social and artificial scientists acquire traction. It leads the socially social 40,000 dailyWhile he is in artificial intelligence, the agent -based protocols such as the virtual protocol (hypotheticalIt stands out, and attracted 1900 weekly.
Defi attracts big players
The enumeration of transactions shows the number of times that smart contracts are run, but can be amplified by robots or automation.
DEFI is contradictory. Its user base has decreased, however it still generates more than 240 million weekly transactions – more than any other web3 category. The exchange activity (can interfere with Defi) add this domination, with encrypted games in 100 million weekly transactions and “other” category (with the exception of social but including artificial intelligence) at 57 million.
The total closed value (TVL) tells a stronger story. according to DevilleDEFI TVL reached $ 137 billion – an increase of 150 % since January 2024, although it is still less than $ 177 billion in late 2021.
The difference between TVL and Falling UAW height reflects a major topic for this encryption cycle: Institutional Press. The capital is focused on a fewer largest portfolio, which now also includes money. This trend is still young, as Defi faces organizational uncertainty in many judicial states.
It is still, Institutions They test the water by providing liquidity for dreaded gatherings, and a distinctive treasury loan from platforms such as Ondo Finance (Oondo(MAPLE (Syrop), also known for its partnership with the investment bank.
Meanwhile, Automation of the protocol level provided by Defi services such as Lido (Lido) or Eigenlayer (kingThe wallet activity is weakened, as Defi develops into a capital saving layer directed towards generating the return on a large scale instead of sharing retail.
Other use cases dominate gas
The transaction data alone does not take the full Web3 image. The use of Ethereum gas can be explained where the economic and calculation weight is truly.
Glass Data It reveals that Defi, although it is the main sector of Ethereum, now represents only 11 % of its gas consumption. NFTS, which used a large share of gas again in 2022, now decreased to 4 %.
However, the “other” category increased to more than 58 % of about 25 % in 2022. This category covers emerging areas such as the asset code in the real world (RWA), decentralized physical infrastructure (Dimine), DAPPS to artificial intelligence and other new or less services may determine the next growth phase in Web3.
RWA is often referred to, in particular, as one of the most promising coding sectors. Except Stablecoins, the total value of RWA Rise From 15.8 billion dollars at the beginning of 2024 to $ 25.4 billion today, with an estimated 346,250 holders of the distinguished symbol.
Related to: How high is Ethereum after breaking 4 thousand dollars? ETH analysts weighing
Do prices follow Web3 novels?
Asset prices in Lockstep rarely move with ONSAIN activity. While the noise can push short -term screws, the continuous gains tend to compatible with sectors that offer concrete benefit and accreditation. Over the past year, this meant the infrastructure and projects that focus on the return exceeding the plays driven by the narration.
The smart nodes ’platform currencies recorded the most powerful gains, with the best 10 percent 142 % unwanted, led by HBAR (+360 %) and XLM (+334 %). As the basic layer of Web3, their price growth indicates the investor’s long -term development confidence in the sector. DEFI’s distinctive symbols were well, with an average of 77 % on an annual basis, with the DAO curve (CRV) An increase of 308 % and Pendle (Pendant(110 %.
The first ten codes have gained 65 % on average, paid xdc (+237 %) and OSG (+137 %). Best Debine, Gustycoin (Jasmy) In +72 % and atehir (Etc.) In +39 %, he was unable to prevent the average sector from hovering about +10 %.
The symbols of artificial intelligence were clear arrears: the 10 best projects focused on artificial intelligence have decreased by 25 % on an annual basis, with bittensor (Tao) The only lead in +34 %. Game symbols often published losses, with only opposite (excellent) Get 750 % in the past 12 months. Social symbols are still largely absent in the encryption space, as leading protocols still lack the original origins.
In general, the Web3 investment remains focused in the mature sectors, which increases the original currencies of leading smart contracts. DEFI and RWA symbols that focus on the return on solid returns. On the other hand, the sectors behind most of the excessive novels – Amnesty International, DePin, and Social – have not yet been translated into meaningful symbolic gains.
With the deepening of adoption and the maturity of more sectors, the gap between narration and performance may be narrow – but at the present time, the investor’s confidence is clearly rooted in building blocks in the decentralized economy.
This article is intended for general information purposes and does not aim to be and should not be considered legal or investment advice. The opinions, ideas and opinions expressed here are alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
