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Polygon’s MATIC Rides High with Increased Activity, Becomes Second-Biggest Gaming Blockchain

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Polygon (MATIC) is gaining traction in the gaming industry

Polygon (MATIC) is gaining traction in the gaming industry with a surge in daily unique active wallets (dUAW) last month. According to DappRadar, the layer-2 scaling solution recorded 138,081 dUAWs in March, a 53% increase from the previous month.

This growth has pushed Polygon to become the second-largest gaming blockchain, trailing only Wax Blockchain (WAXP), which has over 314,976 daily unique active wallets.

Despite the decrease in on-chain gaming activity by 3.33% in March, games still make up a significant part of DApp activities, accounting for 45.6% of the industry’s activity in Q1 2023. Boomland’s Hunters On-Chain, which launched on Polygon’s testnet last month, has already risen to become one of the top five blockchain games in terms of on-chain DApp activity.

Polygon’s move into the gaming sector is a positive sign for the blockchain, which was previously known for its DeFi (decentralized finance) DApps. Its growth in the gaming industry shows its potential to be recognized as a gaming blockchain.

Wax Blockchain remains the most active gaming blockchain, with its dUAW surpassing that of Polygon by over 228%. Alien Worlds, a blockchain-based gaming platform, dominated the Wax activity by 66%.

As the gaming industry continues to explore the possibilities of blockchain technology, Polygon’s growth in the sector could lead to increased adoption of the blockchain in the gaming world.

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Judith Faith has been writing about cryptocurrencies and blockchain technology for over five years. She is well versed in the industry and has an extensive network of industry contacts. She is also a frequent contributor to various cryptocurrency publications. With her vast knowledge and experience, she is able to provide insightful and valuable content to her readers. Judith is also an active investor in the cryptocurrency space and has a vested interest in the success of the industry.