Blockchain Game On-chain Activity Up 386% YoY... "Entering Maturity Phase"

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YM Lee

Summary

  • On-chain activity in blockchain games increased more than three-fold in January compared to the previous year.
  • Web3 games' Unique Active Wallets (UAW) increased by more than 386% year-over-year.
  • A DappRadar analyst explained that blockchain gaming's growth shows mature resilience despite short-term volatility.

On-chain activity in blockchain games showed a remarkable three-fold increase in January compared to the same month last year.

On the 14th (local time), cryptocurrency media CoinTelegraph, citing DappRadar data, reported that "Web3 games secured over 7 million Unique Active Wallets (UAW) last month. This represents an increase of more than 386% compared to January last year."

Sara Gergelas, a DappRadar analyst, explained, "This growth trend demonstrates strong momentum in blockchain gaming. Despite short-term volatility, the blockchain gaming industry has developed mature resilience."

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YM Lee

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