BNB Chain deployed the most dApps in 2022, while Ethereum ( $2,232.15 ) led the pack for NFT transactions

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BNB ( $696.28 ) Chain deployed the highest number of dApps throughout 2022 with 2,163 dApps, while Ethereum ( $2,232.15 ) ranked first for amount of NFT transactions, according to a recent report by DappRadar.

With 21.2 million transactions, Ethereum ( $2,232.15 ) (ETH) became the busiest platform for NFT sales in 2022, followed by WAX (WAXP) and Polygon (MATIC) at second and third place with 14.5 million 13.3 million transactions, respectively. Meanwhile, BNB ( $696.28 ) Chain only recorded 1 million NFT transactions throughout the year.

dApp Integrations

Even though it recorded a 7% decrease since 2021, BNB ( $696.28 ) Chain remained at the top of the list by integrating 2,163 dApps in 2022. Polygon and Ethereum ( $2,232.15 ) are second and third in the ranking, with over 500 integrations each.

dApp Integrations by Top Chains

Except for BNB ( $696.28 ) Chain, Ethereum ( $2,232.15 ) , and TRON (TRX), all others recorded increases in the number of integrated dApps.

As of the end of 2022, BNB ( $696.28 ) Chain’s dominance of dApp integrations sits at 36.7%, as opposed to 43.7% in 2021. Coming second in line, Polygon’s dominance also decreased slightly to 12.8% in 2022 from 13% in 2021. Ethereum ( $2,232.15 ) ’s dominance also shrunk from 16.4% in 2021 to 11.4%

Applications that posed a high financial or operational risk were the dominant dApp category for BNB ( $696.28 ) Chain, with 31%. Gaming and NFT were the most prevalent categories for Polygon and Ethereum ( $2,232.15 ) , with 21% and 35%, respectively.

NFT Sales

Ethereum ( $2,232.15 ) -based NFT sales exceeded 21.2 million in 2022 — a 207% increase from 2021’s 6.9 million.

NFT Sales Count of Major Networks

Wax and Polygon followed Ethereum ( $2,232.15 ) as second and third with 14.5 million and 13.3 million transactions, respectively. Despite its leading performance in dApp installments, BNB ( $696.28 ) Chain is ranked at the bottom of the list with 1 million NFT transactions.

Based on year-over-year growth percentages, however, Solana (SOL) and Immutable X (IMX) surpass Ethereum ( $2,232.15 ) as first and second. As opposed to Ethereum ( $2,232.15 ) ’s 207% growth, Solana’s transaction count recorded a 440% increase, while Immutable X grew by 315%.

Ethereum ( $2,232.15 ) is also the network with the highest intrinsic NFT value in 2022, with over $300 per NFT transaction. Polygon and Solana follow Ethereum ( $2,232.15 ) as second and third, with $104 and $88 per transaction, respectively.



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