DappRadar calls the segment least affected by the downturn of the crypto market

Blockchain games continue to attract investments and new players despite macroeconomic problems

01.08.2022 - 10:55

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What’s new? In Q1 and Q2 2022, blockchain games attracted $2,5 billion in investments each, and the total number of transactions grew by 9,51% in Q2, averaging 24 million daily in June. Herewith, the number of transactions in the decentralized finance (DeFi) and non-fungible tokens (NFTs) segments decreased by 14,81% and 12,2%, respectively, in Q2. Such data is provided in a new piece from analytics firm DappRadar on how crypto users react to market declines and macroeconomic events.

DappRadar’s report

What other data did the experts cite? Although June 2022 was the worst month in the history of the crypto industry in terms of attracted investments ($500 million), blockchain games managed to maintain high user activity. The most popular network was Solana, with a 311% increase in activity since May. Wax is in second place with a 6% increase. In contrast, BSC and Ronin blockchains lost 23% and 36%, respectively. The most popular blockchain games were Axie Infinity, Splinterlands, and The Alien World.

In June, analysts at DappRadar and BGA Games reported that blockchain games attracted about $4,9 billion in investments in 2022. In the three previous years, this figure totaled $4,62 billion.

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