What type of news does CryptoWeekly cover?

CryptoWeekly covers cryptocurrency market updates, blockchain technology developments, and regulatory news.

How often is the news section updated?

CryptoWeekly updates its news section daily with the latest developments in the crypto industry.

Can I contribute news articles to CryptoWeekly?

Yes, guest contributions are welcome. Contact our editorial team to submit your article.

Is CryptoWeekly news biased?

CryptoWeekly strives to provide unbiased, factual, and up-to-date cryptocurrency news.

AI Apps Gain Momentum Despite Market Instability

DappRadar recently revealed that widespread economic instability and hacks have severely impacted the AI sector.

Haider Jamal
April 5, 2025

Nearly 40% Drops

The AI industry’s TVL dropped 27% from the previous quarter, mainly due to the Bybit exploit and broader economic issues.

Source: DappRadar

Ethereum’s TVL also fell 37% to $96 billion, while Sui dropped 44% to $2 billion. Solana, Tron, and Arbitrum saw similar reductions of over 30%, but Berachain gained $5.17 billion in TVL in just two months.

NFT Market Declines

Despite these struggles, various AI and social blockchain applications saw significant growth. Daily active wallets using AI protocols rose 29%, and social apps saw a 10% increase.

Meanwhile, the NFT market saw a 25% drop in trading volume to $1.5 billion, with OKX leading sales. Pudgy Penguins was the top collection, while CryptoPunks generated over $63 million from fewer than 500 transactions.

Join Our FREE Newsletter

Subscribe to stay informed and receive latest updates on the latest happenings in the crypto world!

By submitting this form, you are consenting to receive marketing emails from: Crypto Weekly. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.