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Polygon (MATIC) Becomes Second-Largest Gaming Blockchain in March After Surge in Activity: DappRadar

April 7, 2023
in Altcoin
Reading Time: 2 mins read
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Layer-2 scaling resolution Polygon (MATIC) is establishing a reputation within the gaming sector following spectacular development in each day distinctive energetic wallets (dUAW) final month.

In keeping with blockchain intelligence platform DappRadar, Polygon recorded 138,081 dUAWs in March marking a rise of 53% from the numbers recorded in February.

Polygon is now the second-largest gaming blockchain after Boomland’s Hunters On-Chain launched on its testnet final month. The motion role-playing recreation has since risen to turn into one of many prime 5 blockchain video games by way of on-chain decentralized app (DApp) exercise.

“Polygon, a blockchain beforehand recognized for DeFi [decentralized finance] DApps, overtook Hive this month and secured the second spot. This can be a constructive signal for Polygon, as it’s now gaining recognition as a gaming blockchain.”

Wax Blockchain (WAXP) retains its seat because the main gaming blockchain with its dUAW far surpassing that of Polygon by over 228%.

“Wax emerged as probably the most energetic gaming blockchain, with a mean of 314,976 each day distinctive energetic wallets in March. This represented an 8.11% lower from the earlier month. The info additionally revealed that Alien Worlds dominated the Wax exercise by 66%.”

DappRadar says that whereas on-chain gaming slowed down final month, video games nonetheless make up a piece of DApp actions.

“On-chain gaming exercise decreased by 3.33% in March to 741,567 each day Distinctive Energetic Wallets; nonetheless, video games make up 45.6% of the DApp business exercise in Q1 2023.”

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Featured Picture: Shutterstock/AGGIO

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Tags: ActivityBlockchainDappRadarGamingMarchMATICPolygonSecondLargestSurge
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