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Polygon is second largest gaming blockchain after user activity surges in March

Polygon-is-second-largest-gaming-blockchain-after-user-activity-surges-in-March

Polygon overtook Hive for second position last month, in part due to the RPG game Hunters On-Chain, which helped fuel the growth in unique active wallets.

enhancing user engagement on Ethereum’s second tier (L2) In March, Polygon became the second-largest blockchain gaming network in terms of distinct active wallets. (UAWs).

DappRadar, a decentralized application (DApp) analytics platform, released a report on Blockchain Games on April 6; it found that 138,081 UAWs played games on Polygon in March, a 53% increase from February.

Hive and the BNB Chain are ranked third and fourth, respectively, with 84,000 and 80,000 UAWs, while WAX is far ahead of the rest with 314,000 UAWs.

“This month, Polygon, a blockchain previously known for its DeFi DApps, overtook Hive to claim second place. According to the research, the fact that Polygon is now recognized as a gaming blockchain is encouraging.

Polygon is second largest gaming blockchain after user activity surges in March

The BoomLand game Hunters On-Chain, whose UAW increased by more than 17,000% in the last 30 days alone, is major reason for the UAW increase on Polygon.

In January, BoomLand published the Web3 version of its mobile game Hunt Royale, titled Hunters On-Chain. It is a free-to-play RPG with NFT integrations that is visually and conceptually similar to Minecraft.

Particularly on March 9, the UAW attendance reached a record high of approximately 55,300.

Polygon is second largest gaming blockchain after user activity surges in March

What is the reason of Polygon growth?

Although the anticipation of an in-game NFT sale on March 31 may have played a role, it is unclear what specifically triggered last month’s surge in demand for the game.

In a broader context, the research indicates that “on-chain gaming activity decreased by 3.33 percent in March to 741,567 daily Unique Active Wallets (dUAW); however, games will account for 45.6 percent of DApp industry activity in the first quarter of 2023.”

Over the past few months, Polygon has gained significant positive momentum, especially in relation to NFTs, gaming, and the Metaverse.

Polygon Labs, the organization behind the network, has partnered with numerous well-known companies to establish and host NFT initiatives, including Warner Music, Starbucks, Adidas, Reddit, and Adobe.

Additionally, Polygon’s open-source zero-knowledge rollup, the equivalent of the Ethereum Virtual Machine, was effectively launched on March 27. According to its proponents, it will enable DApps to scale through transaction batching, facilitating faster network transactions and reducing their gas costs.

Content Source: cointelegraph.com

About MahKa

MahKa loves exploring the decentralized world. She writes about NFTs, the metaverse, Web3 and similar topics.

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