Solana’s Rise in Web 3.0 Gaming
Over the the previous 30 days, Solana’s blockchain platform has seen a dramatic increase in the number of Web 3.0 games, which has coincided with the rise in the value of its native token. According to Game7’s 2023 report, entitled “State of Web 3.0 Gaming,” the number of cryptocurrency games in the Epic Games Store has grown from just 10 in January to a remarkable 69 by October.
Solana’s gaming ecological system now boasts over 125 games, positioning it as the fourth most trending blockchain for game developers and the leading non-EVM ( Ethereum (ETH) Virtual Machine) chain. The selection includes numerous genres, from sci-fi MMOs to fantasy pet battlers, demonstrating the network’s versatility in gaming.
Solana (SOL) remains the largest non-EVM ecological system of Web 3.0 games
Although while being Second to the Ethereum (ETH) Virtual Machine, which is favored by 74% of blockchain games, Solana’s virtual machine has gained whole lot of traction, accounting for 10% of the market. As previously stated, “ Solana (SOL) remains the largest non-EVM ecological system of Web 3.0 games.”
Major Games on Solana
Notable games on Solana (SOL) include Star Atlas, a sci-fi MMORPG in development using Solana (SOL) for tokens and NFTs. There’s likewise Aurory, a fantasy RPG reminiscent of Pokémon and the Matrix, with intends to expand to Ethereum’s Arbitrum network. In addition, Yaku, a dystopian sci-fi social metaverse network game, and upcoming games Chain Crisis and Angelic are set to boost the Solana (SOL) gaming ecosystem.
Solana’s Most Valuable NFT Collection
In the NFT domain, Solana’s most valuable collection by floor price and market cap is Mad Lads, which experienced a 122% increase in a week. Mad Lads has demonstrated remarkable trading volumes and has positioned Solana (SOL) as a whole lot of player in the gaming and NFT space.
In the past 30 days, Solana’s native token Solana (SOL) has seen a surge of over 140%, outperforming Bitcoin (BTC) and Ethereum (ETH). It has attracted attention for its high throughput, low transaction costs, and a growing ecological system. Solana (SOL) likewise distinguished as one of the top eco-friendly cryptocurrency projects.
Hot Take: Envisioning Solana’s Future
As Solana’s gaming and NFT space expands and its token value continues to rise, it is evident that Solana (SOL) is positioning itself as a major player in the cryptocurrency field. With its active and growing community, strong technical strengths, and strategic partnerships, Solana (SOL) is poised for substantial success and continued growth in the long-term.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.