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Ethereum Gaming Sector Faces Challenges as Two Major Titles Shut Down

Ethereum Gaming Sector Faces Challenges as Two Major Titles Shut Down

Published:
2025-05-30 08:00:50
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[TRADE_PLUGIN]ETHUSDT,ETHUSDT[/TRADE_PLUGIN]

In a significant blow to the blockchain gaming ecosystem, two Ethereum-based games, ’Realms of Alurya’ and ’Wonder Wars,’ have ceased operations due to funding shortages. Both games were built on Ronin, Ethereum’s gaming-focused sidechain, highlighting the ongoing challenges faced by blockchain gaming projects. The developer of ’Wonder Wars,’ Hello Monster, cited unmet sustainability metrics and unsuccessful funding efforts as primary reasons for the shutdown. Despite these setbacks, Ethereum’s price remains resilient at 2618.40 USDT, reflecting the broader market’s confidence in the platform’s long-term potential. This development underscores the need for sustainable funding models in the blockchain gaming space to ensure the longevity and success of future projects.

Ethereum-Based Games ’Realms of Alurya’ and ’Wonder Wars’ Shut Down Amid Funding Shortfalls

Two Ethereum-powered games, Realms of Alurya and Wonder Wars, have ceased operations due to insufficient development funding. Both titles were built on Ronin, Ethereum’s gaming-focused sidechain, marking another setback for blockchain-based gaming in 2025.

Hello Monster, developer of Wonder Wars, cited unmet sustainability metrics and failed funding efforts as key reasons for discontinuation. The studio acknowledged community support but emphasized the economic realities of maintaining live-service games.

These closures contribute to a growing trend of abandoned crypto gaming projects this year, raising questions about the viability of current blockchain gaming models. The Ronin network, while designed specifically for gaming applications, couldn’t provide sufficient traction for these titles to survive.

Ethereum’s Critical Support Test at $2,630 Could Dictate Near-Term Price Trajectory

Ethereum faces a pivotal moment as its price tests the $2,630 support level, with market participants closely watching for a potential breakdown. A failure to hold this level could trigger further declines, targeting $2,532 or lower. Resistance at the 200-day SMA continues to cap upward momentum, leaving bulls struggling to push toward the $3,500-$3,600 range.

Analysts highlight weakening bullish momentum, noting that a breach below $2,630 may shift market control to bears. Traders are bracing for volatility, with the trendline support serving as a make-or-break level. The next 24-48 hours could prove decisive for Ethereum’s short-term trend.

Ethereum (ETH) Price Analysis: Breakout to $3,000 or Breakdown to $2,200?

Ethereum’s price hovers NEAR $2,650 after a 45% monthly rally, now facing a critical juncture. Trading at $2,631 with a 3.79% daily decline, short-term selling pressure emerges. The market watches a liquidity cluster between $2,600–$2,700—a potential domino effect zone for long liquidations if breached.

Technical charts reveal an ascending triangle, with resistance at $2,800. A decisive close above could propel ETH toward $3,000–$3,300. Conversely, failure to hold support risks a slide to $2,510 or lower. Market asymmetry favors downside volatility, as short liquidations remain sparse above current levels.

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|Square

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