DeFi up 35%, Bitcoin Ordinals now on DappRadar & Azuki Fumbles

Gm web3 explorers,

We can finally reveal that Bitcoin Ordinals are now live on DappRadar, and you can now see which Ordinals collections can compete with the NFT trading volume on Ethereum, Polygon, Solana and other blockchains. ??

Moreover, this has been an exciting week for various Web3 communities. Azuki launched Elementals, and received quite some backlash. While competing the anime collection ETHER will also launch this Friday. In addition, Yuga Labs launched their game HV-MTL, once again gamifying the process of upgrading NFTs in their ecosystem.?

Dapp development never sits still, and the market feels the excitement of the Bitcoin ETF, it’s clear that we end June on a positive note. We’ve had memecoins and an SEC crackdown, and still DeFi is showing tremendous growth this calendar year.

LFG!

What happened in Web3

???? UK passes bill to regulate crypto assets into law (Forkast)

?? Melania Trump launches The 1776 Collection, another series of Trump NFTs (Website)

?? Vodafone launching NFTs on Cardano blockchain (CryptoSlate)

?? Crypto traders in Slovakia to pay less taxes (Blockworks)

?? Coinbase getting closer to mainnet release of Base, its Layer-2 solution based on Optimism’s OP Stack (Twitter)

?? ENS Domains will expand to one or more Layer-2 networks, noting that L2 compatibility is crucial for the future of Ethereum. (TheBlock)

?? PancakeSwap announced its expansion to Polygon’s zkEVM ecosystem. (Twitter)

?? Lacoste to create NFT backed loyalty program, called UNDW3. (Decrypt)

Trending dapps and Web3 data this week

?? With an increase of 320% active connected wallets, gaming platform Iskra has reclaimed a spot among the Top 10 dapps of the week.?

?? Social dapps have seen quite some activity over the past week, as Galxe (+9%), CyberConnect (+14%), and Playbux (+75%) all saw an increase. Out of the Top 5 only Hooked saw a small drop of -4%, while QuestN grew its user base 44% to 21,920 connected wallets.?

?? The DeFi hype still goes strong, especially when it comes to bridging. No wonder Stargate Finance is still the number one dapp with 735,590 unique wallets connecting to the platform.?

?? In the NFT space, Azuki saw an increase of 300% in trading volume, reaching $65 million and making it the number 1 collection. However, the floor price plummeted 43% to $16,000. Highlighting the negative impact of the Elementals launch.?

DappRadar Updates?

?? You can now discover Bitcoin Ordinals on DappRadar, the first 100% on-chain assets on the Bitcoin blockchain tracked by the market leading Web3 discovery platform. Read the announcement.?

?? Letícia M. wrote a report about Azuki Elementals, a new NFT release by the Azuki team that received quite some negative feedback. Floor prices have dropped hard.

?? Robert wrote a research article about the current state of DeFi, which has become one of the leading product segments in Web3. 35% growth in the past 6 months, that’s huge!?

?? For our PRO members, we updated the overview of the most important dates in Web3. See it here