In the last 30 days, the market capitalization and trading volume in the crypto gaming sector fell by 29%. Despite this, many projects continue to develop.
Decline in Crypto Gaming Market
The decline in the crypto gaming market is linked to a broader market downturn, especially in bitcoin. However, developers continue to work on their projects, including MultiversX, Decentraland, and Skale Network.
Leaders in Development Activity
MultiversX topped the list for development activity over the last month. This scalable distributed blockchain network is for next-gen applications. Decentraland, a decentralized social virtual world, took second place. Skale Network rose to third position due to a recent activity spike.
Other Active Projects
Immutable X, Saito, and Enjin continue to develop their projects. The Sandbox and Cere Network also show high activity. These projects continue to attract attention despite the downturn.
Despite the market contraction, key crypto gaming projects show steady development and lead in development activity rankings.
