DappReview published its 2022 insights on the decentralized app (DApp) infinite in a Jan. 8 report. Simply three blockchains deemed for 98.65 percent of full transaction volume, though EOS began to struggle in Q4 2022.

Decentralized app aggregator DappReview summarized the principal events within the DApp ecosystem in 2022. The value of on-chain transactions amounted to $23 billion, with 1,955 DApps added during the year — bringing the total number to over 4,000. Still, the firm notes that in terms of the number of users, the unabridged space continues to lag significantly behind whatever single widely used centralized app.

The previous twelvemonth saw of import breakthroughs occur, specifically through the emergence of decentralized finance (DeFi) and non-fungible tokens (NFT). Meaning challenges abounded as well, with EOS suffering in the last quarter of 2022 as its network became strongly congested.

Dramatic Drib in EOS DApp Users

Though the smart contract platform started the year well, accruing $vi.ane billion in transaction book, it suffered a powerful hitting to its reputation and fundamental statistics in early on November. The EIDOS airdrop made the network all but unusable when information technology launched. Its machinery distributed tokens to users who sent any amount of EOS to its smart contract, leading some to create multiple accounts and hire additional resource to participate in the airdrop — depriving anybody else.

This had a direct bear upon on the number of agile EOS DApp users, which suffered a precipitous fall and failed to recover since.

2019 EOS Daily Users

Source: DappReview report

However, the analysts debate that the majority of these users were bots participating in online betting. Categories such as Exchange and Game showed like activity levels, even increasing in transaction volume equally the congestion continued.

2019 EOS Daily Volume

Source: DappReview written report

Notwithstanding, the congestion had clear repercussions, such as popular game EOS Knights ditching the platform for its hereafter version. DappReview notes:

"Blockchain games withal have to face the vicious reality that the damage created past EIDOS volition continue for fifteen months, and the congestion of the EOS main network may be difficult to resolve in the brusque term. The existing users are gradually leaving and there are no newcomers."

Ethereum the most various while Tron attracts betting DApps

As the start smart contract released live, Ethereum (ETH) is hosting a diverse range of DApps. The past year was characterized past the rise of DeFi, as several lending and derivatives solutions based on Maker's (MKR) DAI stablecoin appeared.

Transaction volume for decentralized exchanges and financial solutions quickly rose to encompass almost the entirety of Ethereum's DApp ecosystem.

DeFi market shares relative to all ETH Dapps

Source: DappReview report

All the same, the written report noted that the value locked in DeFi remains small even compared to other blockchain-based financial tools. Collateral put to staking is approximately five times larger, at $half dozen billion. Compared to the global debt market, estimated at $250 trillion, DeFi remains negligible.

Tron (TRX) registered the 3rd-largest transaction volume at $4.4 billion, but betting DApps made up over 90% of the total — leading analysts to characterize it equally "Las Vegas on the blockchain."

Tron's founder Justin Dominicus made several strong moves to diversify its offerings, such as introducing Tron-based iterations fo the Tether (USDT) stablecoin, investing in Poloniex, Dlive and other non-betting platforms. That appears to not have been enough to significantly alter Tron's usage statistics for the past year.