With normal crypto sentiment rising, the visibility of gaming tasks, lots of that are efficiently launching tokens, is driving up sector exercise.
One notable venture is Pixels, which since launching on the Ronin blockchain in November 2023 has continued to develop its viewers due to initiatives similar to its play-to-airdrop occasion and collaborations with the likes of Mocaverse and, extra just lately, Yield Guild Gaming.
Certainly, in keeping with open knowledge, Pixels has now damaged the 2 million barrier when it comes to lifetime wallets on Ronin, attracting round 625,000 every day lively distinctive wallets, in keeping with DappRadar.
![](https://www.blockchaingamer.biz/wp-content/uploads/2024/03/pixels-2-million.png)
And, extra typically, the complete blockchain gaming sector can also be hitting all-time highs when it comes to exercise.
After all, exercise when it comes to wallets isn’t at all times a great measure of precise human exercise. In conditions the place video games are gifting away tokens for exercise, there’s a robust temptation for folks to arrange automated bot wallets to attempt to maximize their rewards.
Nonetheless, the sector pattern seems to be strongly up, as this graph from Joel John’s Decentralised Substack demonstrates.
![](https://www.blockchaingamer.biz/wp-content/uploads/2024/03/blockchain-gaming-march-2024-1024x766.png)
As for different measures of knowledge, the market cap of the highest 33 blockchain gaming ecosystem tokens (these price greater than $100 million) is now $20 billion, with Immutable’s IMX token probably the most helpful with a market cap of $4.4 billion.