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Thursday, December 12, 2024
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    bitcoin
    Bitcoin (BTC) $ 100,110.82
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    HomeExchangeDappRadar: Blockchain Gaming reaches 28% market share in November

    DappRadar: Blockchain Gaming reaches 28% market share in November

    • The blockchain gaming sector captured a 28.2% market share in November.
    • The variety of Web3 gaming dUAWs reached 6.8 million, up 16% in November.
    • opBNB dominated the Web3 gaming sector with 2.08 million duAW.

    Blockchain and Web3 monitoring platform DappRadar reported vital development within the blockchain gaming sector for November 2024. The blockchain gaming sector held a market share of 28.2%, with a mean of 6.8 million each day energetic wallets (dUAW). This represents a 16% improve from the sector's dUAW in October.

    In an article on X, DappRadar highlighted the highest gaming blockchains of November, together with opBNB, Matchain, Ronin, Nebula, and Close to Protocol. Others embody Aptos, Immutable zkEVM, Polygon, Base and Kaia.

    In line with DappRadar's report, Sei was one of many networks that carried out impressively after recording a stellar month in November. Blockchain video games Dragon Slither and SEYARA have attracted over 370,000 gamers to the Sei community. In the meantime, Drift Zone, a Web3 map-based auto-battle sport powered by the Sei community, secured a $190,000 grant, boosting gaming on the blockchain community.

    opBNB dominates as Sei Community exhibits promise

    Though DappRadar highlighted Sei Community's spectacular efficiency, opBNB maintained its dominance because the top-performing blockchain community within the gaming business. Well-known titles like Gomble Video games and Seraph contributed to 2.08 million dUAWs, a 17% month-over-month improve within the blockchain community's consumer base. Matchain's dAUW jumped 68% in November to 998,000, whereas Ronin's dAUW recorded 925,000 dAUW, a 7% improve in customers.

    See also  Crypto Market Cap Hits $2.75 Trillion After Document Bitcoin Rally

    Funding in Web3 video games will increase

    In November, $222 million was invested in Web3 video games, the second highest influx for the reason that begin of 2024. This can be a 148% improve from October, with Accolade Companions investing $202 million {dollars} within the ecosystem. Amonica's KGen and Mocaverse every secured a further $10 million throughout this era.

    Learn additionally: Web3 video games on the rise; An funding of 297 million {dollars} is invested within the sport

    Rising consumer exercise and enormous inflow into the Web3 gaming sector coincided with the latest Bitcoin worth discovery. The pioneering cryptocurrency hit a document excessive of $99,800 in November earlier than surpassing the $100,000 mark within the first week of December. Analysts anticipate BTC to rebound, with the remainder of the crypto market and the blockchain ecosystem following in the identical path resulting from rising adoption.

    Disclaimer: The data offered on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any variety. Coin Version just isn’t accountable for any losses arising from using the content material, services or products talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.

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