The rise of blockchain-based pay-to-play (P2E) gaming and its coins was one of the leading stories in 2021, as games like Axie Infinity exploded in popularity and players realized they could make life-changing amounts of money while having fun. Jordan Finneseth, a cryptocurrency analyst, continues to see increases for some P2E coins. cryptocoin.com We are giving the details as…
Which P2E coins will be bullish?
According to data from Footprint Analytics, the Ethereum network remains the leader when it comes to the number of games launched on-chain, but consistently high fees and network congestion have pushed an increasing number of players to rival Blockchains. That’s why pointing to non-Ethereum Blockchains of interest for P2E offerings and some games that attract the largest number of users. These are as follows:
- Harmony (ONE): According to the data, the most active Blockchain network in terms of daily volume is Harmony. As shown below, the Harmony network processes an average of $22.26 million in daily transactions. The most popular game in Harmony is DeFi Kingdoms.
- Polygon (MATIC): Polygon currently processes an average of $10.35 million per day for the gaming community. The most popular game on the Polygon network is Pegaxy, a free-to-play game. Some of the other popular games on the Polygon network are Aavegotchi, Arc8 by Gamee, and Revv Racing.
- Binance Smart Chain: Next up is BSC, which has a daily trading volume of $7.26 million within the gaming community. Among the most popular games on BSC are Elfin Kingdom, Bomb Crypto, Metaverse Miner, Alien Worlds and Mobox: NFT Farmer.
Other promising networks
According to the analyst, when Ethereum, Polygon, BSC and Harmony are taken into account, there is a noticeable decrease in the volume of gaming activity on other popular blockchain networks. But some are worth mentioning. Finneseth points to Algorand (ALGO), Solana (SOL), WAX (WAXP) based on trading volume. When it comes to the games that players rated the highest regardless of the network, Splinterlands based on Hive, Farmers World based on Wax and Upland based on EOS come.
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