Blockchain gaming sets new record with 4.2 million daily active users in August

Share This Post

Blockchain gaming has reached a new milestone with 4.2 million daily active users in August, according to a recent DappRadar report.

The web3 gaming industry saw a 5% increase in daily unique active wallets (dUAW) last month despite falling to second place in terms of the most active crypto sector amid the AI boom.

Ronin keeps its dominance

Ronin continues to dominate the blockchain gaming landscape with the highest average number of Unique Active Wallets (UAW), which grew 24% in August to 1.32 million. Pixels and Forgotten Runiverse were the main games driving activity on the network during the month.

The second most active network was opBNB with 688,000 UAW during the period. The network experienced a 50% growth in active users, thanks to the game “SERAPH: In the Darkness” and the mobile games platform Gomble Games.

SKALE Network rounded out the top three most active blockchains for web3 gaming in August, recording a 10% growth during the month to hit 352,000 UAW on the back of games like motoDEX and World of Dypians.

Multichain ecosystem captures users

KGeN emerged as the leading gaming application last month, achieving over 2.3 million UAW. KGeN is a gaming ecosystem based on nine different blockchains that offers rewards and gamified quests for its users.

Immutable-based mobile title BoomLand recorded the second-largest number of active users during the month, gathering nearly 1.9 million UAW. Meanwhile, Pixels wrapped up the trio of most played games in August with 1.34 million UAW.

Additionally, the report highlighted the completion of the closed beta test phase of the MMORPG Lumiterra on Ronin. The game, which included a $1 million prize pool, reported a player retention rate of over 80% during the first seven days of the test and a total UAW of 728,000 UAW in August.

Nearly $580 million invested

Blockchain gaming is the crypto industry sector with the fifth-largest amount of capital raised from venture capital (VC) funds in 2024, according to RootData.

The gaming sector has captured nearly $580 million in investments so far, close to the $583 million gathered by centralized crypto platforms.

Notably, the amount raised by projects in the blockchain gaming industry this year is less than $100 million shy of the total $664 million raised last year.

The post Blockchain gaming sets new record with 4.2 million daily active users in August appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

XRP Community Gets New Rewards, Fed Rules out BTC Reserves, and More — Week in Review

XRP community gets new rewards, Fed rules out BTC reserves, Strike CEO says Trump eyeing US BTC reserve, and more in this Week in Review Week in Review Ripple’s RLUSD stablecoin debuted on

Ethereum Price Drops 12% As Spot ETFs Witness Significant Net Outflows

The Ethereum price has been a joy to watch in recent weeks after initially struggling to keep pace with other large-cap cryptocurrencies However, the past week will be a quick one to forget for the

TOP 10 Altcoins Under $0.10 to Buy in 2025!

The post TOP 10 Altcoins Under $010 to Buy in 2025! appeared first on Coinpedia Fintech News Considering to finally enter the world of the future, the right time is here as the market is highly

TOP 10 Altcoins Under $0.10 to Buy in 2025!

The post TOP 10 Altcoins Under $010 to Buy in 2025! appeared first on Coinpedia Fintech News Considering to finally enter the world of the future, the right time is here as the market is highly

Bitcoin Spot-Perpetual Price Gap Turns Negative – Bearish Signal Or Not?

The US Federal Reserve’s public consideration of reduced interest rate cuts in 2025 resulted in numerous negative effects on financial markets Aside from a 17% price loss for Bitcoin, data from

Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Constantine Zaitsev, CEO of DRPC, believes multichain solutions are a temporary fix and future advancements like modular blockchains hold promise for a more streamlined approach to blockchain