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
337
1 min
0
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.
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.
Useful material?
Telegram 
Twitter Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Cryptocurrency rates
-
Bitcoin
$96 919
BTC
-1.1%
-
Ethereum
$3 343.39
ETH
-2.47%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.41
XRP
-5.12%
-
Dogecoin
$0.42405
DOGE
-1.93%
-
Cardano
$1.01
ADA
-5.43%
-
Stellar XLM
$0.563563
XLM
+12.78%
-
Polkadot
$8.74
DOT
+1.29%
-
Bitcoin Cash
$509.7
BCH
+0.69%
-
Litecoin
$96.73
LTC
-2.56%