Report: Polygon total locked-in value up 1102% in May BSC total locked-in value down 50%

According to Beincrypto on June 4, the May Industry Overview report released by DappRadar shows that there were over 1 million unique active wallets in the blockchain industry in May. Of those 1 million wallets, BSC and WAX accounted for 80 percent. However, the total value of BSC lockups reportedly declined by 50%. Meanwhile, 80% of the total locked-in value flowed to the DeFi ecosystem of ethereum. polygon stood out in May with a 1102% increase in total locked-in value, ending the month of May at approximately $5.7 billion. In addition, NFT sales fell 5% in May to $350 million in sales, the report said. Nonetheless, users bought, traded and sold an average of 85,787 NFTs per day, valued at approximately $6 million.

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