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UXLINK Emerges as SocialFi Contender Amid Web3’s Shifting Landscape
UXLINK Emerges as SocialFi Contender Amid Web3’s Shifting Landscape
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BTCCSquare news:
Web3's ecosystem is undergoing a reckoning as daily active wallets plateau at 24 million and on-chain activity pivots from DeFi to gaming and emerging sectors like AI and RWA. Social DApps, particularly those integrating AI, are gaining traction—with UXLINK positioning itself as a bridge between Web2 familiarity and Web3 utility through Telegram-based mini-apps and decentralized identity management.
The project's focus on verifiable, real-world social connections contrasts with superficial engagement metrics prevalent in traditional platforms. Its growth mirrors broader trends: while DeFi's share of gas usage dips below 19%, "other" categories including SocialFi now command 58% of network activity.
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