Blockchain games have seen a drop in the number of users and trading volume over the past 30 days after delivering strong results in May.
The top three blockchain-based games in terms of users, Alien Worlds, Axie Infinity, and Splinterlands, have seen a 12%, 37%, and 9% drop, respectively, in the number of unique wallet addresses interacting with the games over the past 30 days, according to data by DappRadar.
The trading volume across Alien Worlds and Axie Infinity has also fallen sharply, dropping by around 73% and 60%, respectively.
Meanwhile, in total, more than 805,420 users interacted with blockchain games on June 21, compared to 1.25m on May 21, according to DappRadar.
Likewise, the trading volume across blockchain games was around USD 6.98m on June 21, compared to USD 19.8m on May 21, which represents a drop of around 65%.
The downturn in blockchain gaming comes after the industry delivered strong results in May, defying the bear market.
According to a report by DappRadar,...
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