The popular crypto exchange Huobi Global has seen massive growth as of late. Check out the latest reports below.
Here’s a tweet coming from Justin Sun:
.@HuobiGlobal exchange has been experiencing impressive growth lately, with an average of 20,000 new users per day over the past 60 days. This rapid development is a testament to the hard work and dedication of our team, as well as the high demand for a user-friendly platform.
— H.E. Justin Sun🌞🇬🇩🇩🇲🔥 (@justinsuntron) December 28, 2022
He continued and said: “We are committed to continuing to provide top-notch service and support to our growing user base.”
This sector of the crypto industry shows resilience
A new DappRadar report reveals that one sector of the crypto industry remains resilient even as an extended crypto winter continues to weigh on the markets.
In a new report, the market intelligence platform made sure to explain the fact that decentralized applications (DApps) are demonstrating “resilience and maturity” in the face of numerous events that have dragged down the industry overall.
The report finds that DApps saw an important increase in the number of unique active wallets, rising from an average of 1.58 million last year to an average of 2.37 million this year.
“The DApp (decentralized application) industry experienced a 50% increase in unique active wallets (dUAW) in 2022…”
The very same report noted the following:
“However, the industry has been on a downward trend due to various events, including the war in Ukraine, the collapse of Terra Luna and the FTX situation. Despite these challenges, the DApp industry has demonstrated its resilience and maturity, while adoption of blockchain technology by consumers and businesses suggests that the future of the industry is bright.”
DappRadar also finds that Ethereum (ETH) remained the top decentralized finance protocol during this year amid the crypto bear market, while BNB Chain reclaimed second place.