Blockchain and Web3 tracking platform DappRadar reported significant growth in the blockchain gaming sector for November 2024. The blockchain gaming sector had a 28.2% market share, with an average of 6.8 million daily active wallets (dUAW). That’s an increase of 16% from the sector’s dUAW in October.
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3/ Top Gaming Blockchains
opBNB dominated as the top performing blockchain, supported by popular titles like @gomblegames and @Seraph_global, while @Matchain took second place with the success of its leading gamification platform @lolaixyz pic.twitter.com/UhBeND15ed
— DappRadar (@DappRadar) December 10, 2024
According to DappRadar’s report, Sei was among the networks that performed impressively after recording a breakout month in November. The blockchain games Dragon Slither and SEYARA attracted more than 370,000 players on the Sei Network. Meanwhile, Drift Zone, a Web3 map-based auto-battler powered by the Sei Network, has secured a $190,000 grant, boosting gaming on the blockchain network.
opBNB dominates while Sei Network shows promise
Despite DappRadar highlighting Sei Network’s impressive performance, opBNB maintained its dominance as the best-performing blockchain network in the gaming sector. Famous titles like Gomble Games and Seraph contributed to the 2.08 million dUAW, a 17% month-on-month increase in the blockchain network’s user base. Matchain’s dAUW rose 68% in November to reach 998,000, while Ronin recorded a dAUW of 925,000, a 7% increase in the number of users.
Investments in Web3 games are increasing
In November, $222 million was invested in Web3 games, the second highest inflow since early 2024. It was a 148% increase from October, with Accolade Partners injecting $202 million into the ecosystem. KGeN and Amonica’s Mocaverse each raised an additional $10 million during this period.
Also read: Web3 Games on the rise; $297 million investment in gaming
Rising user activity and significant inflows into the Web3 gaming sector have coincided with Bitcoin’s recent price discovery. The pioneer cryptocurrency hit a record high of $99,800 in November before topping the $100,000 mark in the first week of December. Analysts expect BTC to soar higher, while the rest of the crypto market and blockchain ecosystem will follow in the same direction due to increasing adoption.
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