The gaming sector迎来a "mini-spring," with Bitget taking the lead in launching a GameFi zone
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The gaming sector迎来a "mini-spring," with Bitget taking the lead in launching a GameFi zone
As one of the earliest platforms to support the development of GameFi and launch a dedicated GameFi trading zone, Bitget has recently seen multiple blockchain gaming projects it listed surge over 100% in price.
Navigating Web3 tides with focused insightsAuthor: MartinTalk
With the overall recovery of the crypto market and the onset of a rotation cycle, increasing capital and traffic are flowing into the GameFi sector. Since last week, multiple segments within the GameFi ecosystem—including gaming-focused public blockchains, GameFi platforms, and individual game projects—have delivered strong performance. Several new GameFi projects have particularly stood out, such as Shrapnel (SHRAP), which launched on Bitget on November 8 at $0.03 and is now trading at $0.19, representing a surge of over 533% since its initial listing, making it one of the top-performing GameFi projects recently. As more players and investors join the space, the GameFi ecosystem is poised for even broader development.
Established Gaming Blockchains Making Moves
In the gaming blockchain space, several chains have demonstrated solid growth in both total value locked (TVL) and native token prices. Immutable X, previously backed by Tencent, saw its native token price rise from $0.6 to $1.12 within a week following the announcement of its collaboration with Ubisoft—a gain of over 80%. According to L2BEAT data, Immutable X’s TVL also surpassed $200 million last week, marking a 40.71% increase over seven days.
Ronin Network, the sidechain built for Axie Infinity, has also made significant progress. On October 31, P2E game Pixels announced its launch on Ronin Network, opening minting for Pixels Pets—an NFT with immediate in-game utility—and revealed plans to issue the PIXEL token. Fueled by this positive news, Ronin’s native token RON rose over 24% in a week.
These blockchain projects provide efficient, low-cost transaction and smart contract capabilities, forming a robust foundation for the growth of the GameFi ecosystem.
GameFi Platforms Gain Momentum
Beyond gaming blockchains, tokens of various GameFi platforms are also gaining traction. Gala Games (GALA), a leading global GameFi platform, has not only achieved breakthrough growth in user base but has also launched a series of innovative games and NFT products. SuperVerse (SUPER), a cross-chain GameFi protocol focused on enabling new NFT issuances, empowers players with true ownership and value by transforming in-game assets into NFTs.
With the arrival of this mini bull run, these platform tokens have posted varying degrees of gains. According to data from Bitget, GALA has risen over 40% recently, while SUPER has surged more than 300% month-on-month—drawing considerable attention.
Promising Game Projects Experience Value Recovery
Token prices of major gaming projects such as Axie, STEPN, and Star Atlas have also seen remarkable increases. Axie Infinity (AXS), a veteran star in the GameFi space, continues to attract significant player and investor interest thanks to its unique gameplay and sustainable economic model. STEPN (GMT) and Star Atlas (ATLAS) have introduced innovative game mechanics that integrate cryptocurrency and NFTs, delivering fresh gaming experiences. According to the latest data from Bitget, AXS rose 20% in the past month, while GMT and ATLAS posted monthly gains of 54% and 132%, respectively.
Additionally, emerging GameFi projects are showing strong potential. Bitget, one of the earliest exchanges to support GameFi development and establish a dedicated GameFi trading zone, has recently listed several blockchain gaming projects with price increases exceeding 100%. For instance, play-to-earn platform Nakamoto Games (NAKA) and multi-mechanics strategy game MetaTrace (TRC) have seen their token prices rise 125% and 110% respectively since listing. As previously mentioned, SHRAP has surged over 533% in less than two weeks. Currently, Bitget’s GameFi zone supports trading for 66 blockchain gaming project tokens, covering gaming blockchains, GameFi platforms, and numerous innovative game projects.
Conclusion
Web3 gaming and GameFi are widely regarded as the next frontier in the crypto industry. The traditional gaming industry boasts a massive user base, and crypto gaming can transform virtual assets within traditional games into truly valuable digital assets through blockchain and cryptocurrency technologies—potentially serving as the gateway to a billion-user crypto ecosystem.
As the crypto market recovers, infrastructure continues to mature, and innovative projects are deployed, more breakout projects will emerge from the gaming sector, driving explosive growth across the entire GameFi space. This momentum will not only encourage greater participation from traditional gamers but also offer enhanced earning opportunities for players.
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