Polygon, a layer-2 (L2) Ethereum network, has surpassed Hive to become the second-largest blockchain gaming network in terms of unique active wallets (UAWs). According to a report by DappRadar, the number of UAWs participating in Polygon's games reached 138,081 in March, a 53% increase from February. The surge in users was largely attributed to the Hunters On-Chain RPG game by BoomLand, which alone saw a 17,000% increase in UAWs over the past month.
Polygon's rise to become a prominent gaming blockchain is positive news for the network that was previously known for its DeFi DApps. The Hunters On-Chain game has NFT integrations and is similar in style to Minecraft. It hit an all-time high UAW count of around 55,300 on March 9, with anticipation for an in-game NFT sale on March 31 potentially contributing to the surge in interest.
While on-chain gaming movement diminished by 3.33% in Spring to 741,567 day to day One of a kind Dynamic Wallets (dUAW), games actually make up 45.6% of the DApp business action in Q1 2023.
Polygon's growing popularity in the gaming industry is part of a bullish momentum that the network has been experiencing, particularly relating to NFTs, gaming, and the Metaverse. Polygon Labs, the team behind the network, has secured several big-name partnerships, including Warner Music, Starbucks, Adidas, Reddit, and Adobe, to develop and host NFT projects.
Polygon Labs also launched Polygon's open-source Ethereum Virtual Machine equivalent zero-knowledge rollup on March 27. The rollup is supposed to empower DApps to scale through exchange clustering, opening better execution, while additionally diminishing gas expenses for exchanges on the organization.
In conclusion, Polygon's rise to become the second-largest gaming blockchain is a promising development for the network. The surge in UAWs driven by the Hunters On-Chain game highlights the potential of blockchain technology in gaming, and Polygon's partnerships and innovations position it as a key player in the industry's future.
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