HomeCrypto GamingL2 gaming activity spikes in February, but wallets decline — Report

L2 gaming activity spikes in February, but wallets decline — Report

100%
Skill name


Gaming exercise on some layer-2 blockchains rose by over 20,000% in February 2025 whereas the variety of each day distinctive lively wallets (dUAWs) dropped, based on a report by DappRadar.

Summary, an Ethereum layer-2 blockchain developed by Igloo, the mother or father firm of NFT assortment Pudgy Penguins, led all chains with a progress of over 20,000% in each day lively distinctive wallets (dAUWs). Soneium, Sony’s Ethereum L2 blockchain, got here in second with a progress of over 3,200%, and Linea, one other L2 blockchain, positioned third with over 1,000% progress.

Month-to-month progress of distinctive lively wallets throughout blockchains. Supply: DappRadar

On Summary and Soneium, two video games had been the first drivers of exercise progress: Treasure Ship on Summary, which presently has round 72,000 UAWs, and Evermoon on Soneium, with roughly 32,000 UAWs.

Nonetheless, regardless of the rise of gaming exercise on L2s, dUAWs total dropped by 16% in comparison with January, settling at round 5.8 million. The report notes that whereas blockchain gaming “has traditionally held robust market dominance, financial situations have shifted investor focus again in direction of DeFi. With market uncertainty inflicting merchants to exit positions, DeFi now leads as essentially the most dominant sector.”

Essentially the most dominant blockchains for gaming by way of dUAWs are opBNB, a layer-2 blockchain constructed on prime of the BNB Good Chain; unbiased layer-1 blockchain Aptos constructed for decentralized functions; and Nebula, which is a Skale chain.

In accordance with the report, blockchain gaming investments soared to $55 million in February, marking a 243% improve from January, with 92% of the funds allotted to infrastructure growth.

Blockchain gaming exercise sees year-over-year progress, however challenges persist

As Cointelegraph reported in February, blockchain gaming exercise noticed a major year-over-year surge, with each day distinctive lively wallets hovering by 386% to 7 million. The sharp rise led some trade observers to take a position a couple of potential blockchain gaming bull run in 2025 — although that prospect is now below debate.

One of many video games that had been drawing consideration to the usage of blockchains in video games was “Off The Grid.” The title, which plans to make use of an Avalanche subnet, generated greater than 100 million transactions in its first month.

The sector, nevertheless, has confronted challenges. Gunzilla Video games Web3 director Theodore Agranat advised Cointelegraph that there “isn’t any new cash coming into the system,” explaining that present capital is simply being recycled between gaming initiatives.

“They’ll simply go from undertaking to undertaking and extract no matter worth they’ll from that undertaking,” he mentioned. “And as soon as there’s no extra worth available there, they’re going to transfer on to a different undertaking.”

Journal: Web3 Gamer: How AI may smash gaming, The Voice, addictive Axies sport