Consumer Crypto by the Numbers Q2 2024

Consumer crypto adoption continued across categories in Q2 2024, according to a data-driven summary of onchain activity, though speculative engagement in Web3 Social fell off after its Q1 breakout. Farcaster daily casts peaked at 1.5 million in late March, and frame transactions decreased from 50k in April to 17k in June. Lens daily reactions reached an all-time high of 238k in June, and Pump.fun has generated 368,000 SOL ($51,520,000) in revenue since inception. After the $PIRATE token launch on June 16th, Pirate Nation's daily active players doubled from around 40k to 80k.