You can put Defi and NFT factors in May the beginning of the recovery
With Bitcoin rising to the highest new level ever in May, which sparked momentum across cryptocurrencies, decentralized applications industry also witnessed a revival.
In fact, the latest DAPPRADAR results on May 2025 was identified as a turning point for the DAPP sector. During the same period, the NFT market also witnessed signs of life.
DAPP ecosystem
In May, the DAPP industry showed a renewed optimism, as DUAW active portfolios (DUAW) increased by 8 % to 25 million, amid the wider positive market trends. Noticeable growth was seen in three main sectors: AI DAPPS increased by 23 % to 4.8 million dowau, social DAPS increased by 21 % to 4.3 million, and NFT DAPS increased 9 % to 3.9 million.
These gains for the sector indicate the participation of a stronger user and contribute to a more balanced ecosystem, according to DAPPRADAR’s a report. Meanwhile, Defi and Gaming DAPS were found that were converging in terms of user activity, and each of them acquired
The Defi sector has also maintained strong growth with the total closed value (TVL) increased by 25 % to about $ 200 billion. This growth is in line with the rise in the public market, driven by increasing the prices of new Bitcoin at all and increasing ETHEREM by 40 %, strengthening the values of Defi assets and liquidity.
The decentralized stock exchange emerged on the stock exchange by reaching 244 billion dollars in the trading volume, as it acquired about 10 % of Binance share in the market despite the tremendous criticism of prominent industry players after the controversial dealing with the market treatment accident. This hyperlocredit liquid achievement between the 5 best exchanges through trading, via each of the central and decentralized platforms, and within the top ten positions by TVL across all Blockchain networks.
The NFT market counters
Meanwhile, the NFT market showed a renewed activity in May, when the trading volume increased by 40 % per month to $ 280 million. The number of transactions also increased by 35 %, totaling 2.7 million. Although these numbers indicate the improvement of momentum, DAPPRADAR said it was too early to call them a full recovery. Continuous growth in the coming months will be very important, but recent gains are still offering a promising sign for this sector.
Ethereum regained its progress in the NFT market in May, with a 30 % jump in trading volume and a 53 % market share. This was followed by a 13 % non -changing ZKEVM and 10 % abstract. The motivation behind the summary increased by 1200 % to a large extent of speculation associated with agricultural incentives and potential air.
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