Ethereum dApp activity is projected to surpass 2023 figures despite growing competition from alternative blockchains. DappRadar analyst Sara Gherghelas anticipates sustained engagement driven by NFTs, Layer-2 scaling solutions, and decentralized finance (DeFi) protocols. "Ethereum dApps have maintained consistent activity (number of unique wallets, transaction volume) throughout 2024," Gherghelas notes, citing increased interest in these key areas. Ethereum's established position in high-value sectors like DeFi and NFTs is expected to fuel continued market momentum. The growth of innovative Layer-2 solutions like Arbitrum and Optimism, designed to improve transaction speeds and reduce gas fees, is also playing a significant role in attracting users and developers to the Ethereum ecosystem. This ongoing development and innovation strengthens Ethereum's dominance in the dApp space and fuels projections for increased activity this year. ```

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