Crypto Gaming Interest Hits Record Low Amid Sector Maturation
Interest in blockchain-based games plummeted to a yearly low in April 2025, with daily active wallets dropping 10% to just 4.8 million. The contraction reflects a broader industry shift away from speculative HYPE toward sustainable development.
Investment inflows cratered 69% month-over-month to $21 million, but capital allocation tells a more revealing story. Two-thirds of funding now targets infrastructure projects rather than short-term game launches—a sign of growing institutional discipline.
Major traditional gaming studios continue their blockchain experiments unabated. Ubisoft and Sega maintain active development pipelines, betting on Web3 gaming’s long-term viability despite current metrics suggesting a cooling market.