# On-chain trend

<figure><picture><source srcset="https://3424833029-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FqONwtSRjPgxzH86vhkVm%2Fuploads%2FwKPpAW39Up5FjR7U8v81%2FInner_1.jpg?alt=media&#x26;token=fea159a9-7655-4309-9cb3-6cee82e38cfd" media="(prefers-color-scheme: dark)"><img src="https://3424833029-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FqONwtSRjPgxzH86vhkVm%2Fuploads%2FRs5O8pMtimDy1BcStntN%2FInner_1.jpg?alt=media&#x26;token=1e21bf28-209f-4151-a8d9-8eb466e08ccf" alt=""></picture><figcaption><p>The Rise of On-Chain Economies</p></figcaption></figure>

The market is witnessing two distinctive movements: centralized and custodial platforms are moving on-chain due to increased regulatory pressure, while users are moving on-chain due to a lack of trust in centralized platforms.

This dual shift is accelerated by advancements in blockchain technology, making it possible to build a Web2 user experience with on-chain and self-custody features.