{"id":2700,"date":"2023-11-19T23:09:34","date_gmt":"2023-11-19T23:09:34","guid":{"rendered":"https:\/\/solanacrypto.news\/2023\/11\/19\/a-new-frontier-in-gaming-and-nfts\/"},"modified":"2023-11-19T23:09:34","modified_gmt":"2023-11-19T23:09:34","slug":"a-new-frontier-in-gaming-and-nfts","status":"publish","type":"post","link":"https:\/\/solanacrypto.news\/2023\/11\/19\/a-new-frontier-in-gaming-and-nfts\/","title":{"rendered":"A New Frontier in Gaming and NFTs"},"content":{"rendered":"
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Over the past month, the Solana (SOL) blockchain<\/a> has witnessed a significant increase in the number of Web3 games, coinciding with the growth in its native token\u2019s value. A report by Game7 in 2023, titled \u201cState of Web3 Gaming,\u201d highlights the rise of crypto games in the Epic Games Store \u2013 from just 10 in January to a striking 69 by October.<\/p>\n

Solana\u2019s gaming ecosystem now proudly hosts over 125 games, ranking it as the fourth most utilized blockchain for game developers and the foremost non-EVM (Ethereum Virtual Machine) chain. This diverse collection includes genres from sci-fi MMOs to fantasy pet battlers, displaying the network\u2019s versatility in gaming.<\/p>\n

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Solana remains the largest non-EVM ecosystem of Web3 games<\/p>\n<\/blockquote>\n

Despite being second to the Ethereum Virtual Machine, which is preferred by 74% of blockchain games, Solana\u2019s virtual machine has gained notable traction, accounting for 10% of the market. As we have previously reported<\/a>, \u201cSolana remains the largest non-EVM ecosystem of Web3 games.\u201d<\/p>\n

Games on Solana<\/h2>\n

Highlighting major games on Solana, Star Atlas is a standout<\/a> \u2013 a sci-fi MMORPG in development using Solana for tokens and NFTs. Its early access footage reveals an enthralling universe filled with advanced spaceships and futuristic characters. Even after the game\u2019s studio downsized by 73% in July, development has continued, evidenced by a playable demo for Star Atlas NFT holders released on the Epic Games Store in September 2022.<\/p>\n

Aurory, a fantasy RPG reminiscent of Pok\u00e9mon and the Matrix, initially launched its NFTs and AURY token on Solana<\/a> but plans to extend to Ethereum\u2019s Arbitrum network. Its RPG expansion, \u201cSeekers of Tokane,\u201d will soon be available on the Epic Games Store. Another interesting game, Yaku, supports both Solana and Ethereum blockchains. It\u2019s a dystopian sci-fi social metaverse game<\/a> currently in early access on the Epic Games Store, with plans for gradual development over the next five to seven years.<\/p>\n

Additionally, Chain Crisis, a cyberpunk shooter set in Warpgate City, and Angelic, a sci-fi RPG with various modes, are upcoming games on the Epic Games Store. Angelic raised $10 million, avoiding \u201cpay-to-win\u201d or \u201cplay-to-earn\u201d models, and features optional NFT elements on both Solana and Ethereum.<\/p>\n

Solana\u2019s Most Valuable NFT Collection<\/h2>\n

In the NFT domain, Solana has seen remarkable growth with its top project, Mad Lads, witnessing a 122% increase in a week. This PFP project now stands as the network\u2019s most valuable collection by floor price and market cap, with a significant spike to about $5,750 (100 SOL). Mad Lads even momentarily overtook DeGods in value, marking a significant moment for Solana enthusiasts. As reported by publication Decrypt, Coral\u2019s co-founder Armani Ferrante views Mad Lads as filling the void left by DeGods.<\/p>\n

Moreover, Mad Lads has shown impressive trading volumes, ranking third among NFT projects<\/a> in the past week, as per CryptoSlam data. This surge is attributed to Solana\u2019s momentum and Coral\u2019s exclusive early access offer to its upcoming Backpack exchange, which recently received a license to operate in Dubai.<\/p>\n

Solana\u2019s blockchain is evolving as a significant player in the gaming and NFT space, backed by a growing number of engaging games and high-value NFT projects. This progression highlights the network\u2019s potential to shape the future of digital gaming and digital collectibles.<\/p>\n

Solana\u2019s Strength<\/h2>\n

Over the past month, Solana\u2019s native token SOL has witnessed a surge of over 140%, exceeding Bitcoin (25%) and Ethereum (26.5%) during the same timeframe. This past Tuesday, SOL added another $12 to its value, reaching $68, following Cathie Wood\u2019s, the CEO of ARK Invest, comments that Solana is now faster and more cost-effective than Ethereum.<\/p>\n