Blockchain analytics firm DappRadar reported that user activity in blockchain gaming had fallen to a new low.
The platform tracked 4.8 million daily unique active wallets. This marked a 10% drop from March. The change reflects evolving interests among players and investors.
April Slowdown in Gaming Activity
In its April Games Report, DappRadar noted that gaming’s share of the decentralised app market slipped to 21%. That left it tied with decentralised finance.
Meanwhile, AI-focused apps claimed 16% of market activity. Sara Gherghelas, an analyst at DappRadar, said users are looking beyond quick play-to-earn schemes. She added that the wider market is becoming healthier as low-quality projects fade away.
Shifts in Industry Focus
Part of the decline stems from growing interest in real-world assets and artificial intelligence. Many investors are now drawn to projects that combine digital tokens with tangible goods.
At the same time, moves toward AI-driven apps have captured some of the attention that once went to games. Gherghelas said that this shift has created headwinds for weaker studios and forced them out of the market.
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Infrastructure Investment and Quality Titles
Despite the dip in daily users, funding has not stopped. According to Gherghelas, 66% of all blockchain game funding so far this year has gone into infrastructure.
She believes these points lead to a more mature market. Teams are building deeper frameworks rather than chasing hype. This will help support the next wave of high-end titles.
High-Profile Game Developments
Major projects pressed on in April. Gunzilla Games launched its custom GUNZ blockchain on the Avalanche network. This step laid the foundation for the cyberpunk battle royale title called Off the Grid. By spinning up mainnet nodes, the team moved closer to opening its in-game economy.
Big gaming firms remained curious about blockchain. Ubisoft teamed up with Immutable on a yet-to-be-released title. Such moves show that traditional publishers are still testing the waters. They want to see if blockchain can add lasting value rather than just hype.
At the same time, broader crypto policy and developments keep drawing attention. U.S. President Donald Trump is exploring projects that blend gaming with digital assets. And regulators in key markets are clarifying rules around custody and trading.
Economic and Market Context
The blockchain gaming world has not escaped wider market pressures. Ongoing uncertainty in equities and crypto has made capital harder to raise capital. Startups face tighter budgets and must prove real user retention.
Investors now care more about sustainable revenue models than token price spikes. This more cautious stance has helped weed out projects that lacked solid fundamentals.
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