> For the complete documentation index, see [llms.txt](https://docs.wirexpaychain.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.wirexpaychain.com/wirex-pay/vision-and-inspiration/on-chain-trend.md).

# On-chain trend

<figure><picture><source srcset="/files/SNMI16fS1TdLI50wM7Ha" media="(prefers-color-scheme: dark)"><img src="/files/YiWp9rswR0UVYAjwiINH" 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.