Cointime

Download App
iOS & Android

Blockchain games see 3x year-on-year rise in activity for January: DappRadar

Cointime Official

From cointelegraph by Stephen Katte

Blockchain gaming in January saw a threefold increase in onchain activity compared to the same time a year ago, a new report from blockchain analytics platform DappRadar shows.

Web3 games saw over 7 million unique active wallets (UAW) a day last month — a 386% increase compared to January 2024, according to DappRadar’s Feb. 13 gaming report.

“This growth signals strong momentum and underscores the industry’s resilience despite short-term fluctuations,” DappRadar analyst Sara Gherghelas said. 

Gherghelas said that blockchain gaming is “entering a phase of maturation” and pointed to layer-2 advancements, evolving token economies and AAA collaborations — such as Gunzilla Games’ Off The Grid.

Blockchain gaming saw over 7 million unique active wallets per day in January 2025, a 386% increase compared to January 2024. Source: DappRadar

“New gaming ecosystems are emerging, AI is gaining traction, and top-performing titles are refining their gameplay mechanics, reward structures, and community engagement,” she added.

OpBNB was the top-performing gaming blockchain in January, with Matchain coming in second, while Polygon saw a 100% increase in gaming activity compared to the previous month.

Gherghelas says there were also new ecosystems that showed growth, which, while not all met the “traditional AAA gaming standard,” still demonstrated “technical advancements and creative approaches shaping the future of blockchain gaming.”

DappRadar reported artificial intelligence-powered apps are also gaining traction, with multiple projects integrating AI elements into gameplay, mirroring a broader trend across the industry.

On Feb. 6, stablecoin issuer Tether announced it is venturing into AI applications. CEO Paolo Ardoino said the firm is developing an AI translator, voice assistant and a Bitcoin 

BTC$96,660wallet assistant. 

Across the entire DApp Ecosystem, there were 26.7 million daily UAW, with DeFi continuing to slightly outpace gaming by a margin of 1%.

DeFi continued to have the most UAW across the entire DApp Ecosystem. Source: DappRadar

Meanwhile, investment in blockchain games experienced a downturn, with 2024 recording $1.8 billion in blockchain gaming and metaverse projects, marking a 38% decline year-over-year.

Gherghelas says the drop aligns with broader economic trends and reflects a shift toward “deploying previously raised capital into active projects.”

“While investment figures started on a conservative note, key funding rounds signal continued confidence in Web3 gaming infrastructure and innovation,” she added. 

Comments

All Comments

Recommended for you

  • BTC falls below $88,000

     market shows BTC fell below $88,000, currently at $87,997.85, 24-hour decline reaches 0.88%, market volatility is significant, please manage your risk accordingly.

  • The U.S. spot Ethereum ETF saw net inflows of $84.59 million yesterday.

     according to Trader T monitoring, the US spot Ethereum ETF had a net inflow of 84.59 million USD yesterday.

  • ETH breaks $3,000

     the market shows ETH breaking through $3000, currently at $3000.08, with a 24-hour decline of 0.38%. The market is highly volatile, please manage your risk accordingly.

  • Binance Wallet launches "secure auto-signature" service

     according to the official announcement, Binance Wallet has launched the "Secure Auto Sign" (SAS) service: it now supports mnemonic/private key wallets to trade on Binance Wallet (web version).

  • Circle minted 500 million USDC on the Solana network.

    according to Onchain Lens monitoring, Circle has minted 500 million USDC on the Solana network. Since October 11, Circle has issued a total of 18 billion USDC on the Solana network.

  • Sources familiar with the matter: JPMorgan Chase is considering offering cryptocurrency trading services to institutional clients.

    according to Bloomberg, as major global banks deepen their involvement in the cryptocurrency asset class, JPMorgan Chase is considering offering cryptocurrency trading services to its institutional clients. A knowledgeable source revealed that JPMorgan is evaluating what products and services its market division can offer to expand its business in the cryptocurrency field. The source stated that these products and services may include spot and derivatives trading.

  • Federal Reserve Governor Milan: We believe that the policy rate will eventually be lowered.

    Federal Reserve Board member Mylan stated that due to the US government shutdown, there were some anomalies in last week's inflation data; he believes that the US will not experience an economic recession in the near term, but if policies are not adjusted, the US will face an increasing risk of economic recession. We believe that policy interest rates will eventually be lowered.

  • BlackRock deposited 819.39 BTC, worth approximately $73.72 million, into Coinbase.

     according to Onchain Lens monitoring, BlackRock deposited 819.39 BTC into Coinbase, worth approximately 73.72 million USD.

  • Ghana passes law legalizing the use of cryptocurrency

    according to Bloomberg, the Ghanaian Parliament has approved a cryptocurrency legalization bill aimed at addressing the expanding use of cryptocurrencies in the country but the lack of regulation. According to Johnson Asiamah, Governor of the Bank of Ghana, the newly passed Virtual Asset Service Providers Act will facilitate the licensing of crypto platforms and the regulation of related activities.

  • CryptoQuant: Bitcoin network activity cools, market shows clear bearish signs.

    CryptoQuant published an analysis stating that the Bitcoin market continues to be in a bear market state, with multiple network indicators showing a significant cooling of activity. Data shows that the 30-day moving average of Bitcoin is below the 365-day moving average (-0.52%), and the bull-bear cycle indicator confirms the current bear market pattern. The number of network transactions has dropped from about 460,000 to about 438,000, fees have decreased from $233,000 to $230,000, and highly active addresses have reduced from 43.3K to 41.5K, all indicating reduced speculative activity and that the market is in a defensive phase.