The Web3 gaming sector and the rest of the market just got a major confidence boost after Fed Chair Jerome Powell signaled that crypto is on the path to going mainstream.
TL;DR
- Web3 gaming is regaining momentum
- Jerome Powell says crypto is going mainstream
- The SEC drops its investigation into CyberKongz
- IMX returns to the No. 1 spot
- Pepe Games partners with Orbler
Introduction
The Web3 gaming sector and the rest of the market just got a major confidence boost after Fed Chair Jerome Powell signaled that crypto is on the path to going mainstream. Or is he simply trying to avoid friction with Trump?
The SEC closed its investigation into CyberKongz, Pepe Games partnered with Orbler, Trump’s Empire crypto game gained popularity, and Treeverse is set to launch its Season 1 Reward Campaign.
Following Powell’s comments, Bitcoin, Ethereum, XRP, BNB and Solana are in a tug-of-war between bulls and bears, and the market can’t make up its mind.
Market Overview
The GameFi market cap rose from $10.18 billion to $10.28 billion as the tariff war seems to settle, at least for now, with Trump hinting at making a deal with China.
Fortunately, we’ve managed to dodge new yearly lows, and if the pros like Raoul Pal are right, the market might be gearing up to go brrrrrr soon.
Here is the GameFi chart for the last 12 months.
Source: CMC
According to DeFiLlama’s Narrative Tracker, GameFi was ranked 10th, down three spots from last week, outperforming memes and NFTs.
Top Coin Movements
Web3 gaming continued to show strength, and IMX is back at the top of the leaderboard.
Source: CMC
Top Gainers:
- Decentraland (MANA): +14.44%
- Big Time (BIGTIME): +12.03%
- WEMIX (WEMIX): +11.37%
- SuperVerse (SUPER): +7.48%
- Immutable (IMX): +6.88%
Top Decliners:
- Ronin (RON): -11.78%
- Beam (BEAM): -8.48%
- Axie Infinity (AXS): -5.94%
- Notcoin (NOT): -5.39%
- The Sandbox (SAND): -3.11%
Web3 Gaming Activity This Week
The LegacyValhalla team was recently hit by an exploit, but they’ve already tracked down the culprits.
Another regulatory win for the little guys! The SEC has closed its investigation into CyberKongz, leaving the jungle wide open for the tribe to thrive again.
Realms Of Alurya is now officially live on the Ronin Network and ready to be played.
GameFi adoption is not slowing down, and industry experts and OGs are as bullish as ever. Bring it on!
- Boxing Star X’s UAW (unique active wallets) soared 195.41% as they knock ‘em all out with their Mega Punch!
- World of Dypians gained 16.47% and is now powering rewards with WOD.
- Pixudi jumped 11.5%, and the Pixudi Guild Ambassador Program has opened its gates.
- Sweat Economy is up 0.77% as they partner with Syndika to unlock the power of movement.
Latest Blockchain Gaming News
Wolf Game Stopped
Wolf Game, a popular blockchain game launched in 2021, has been paused following strong backlash over its recent relaunch on the Solana blockchain. Originally known for its innovative Ethereum-based mechanics, the game had built a dedicated community over four years.
The new version, Wolf Game 2.0, introduced last week, included confusing new mechanics and required players to burn their existing NFTs in exchange for unfamiliar assets like "Shep’s Kiss." These burned assets were not replaced with equal value, and a previously teased upgrade, Valley Game 2.0, was missing from the release.
Community frustration quickly grew, fueled by a lack of clear communication and what many saw as a disregard for long-time players. Developer GFunk announced his resignation twice, and liquidity was pulled from the new Solana token.
Thanks to Wolf Game’s CC0 (Creative Commons Zero) art license, new developers could potentially revive the game without needing formal approval. For now, Wolf Game’s future remains unclear as the team attempts to recover from the failed relaunch and rebuild community trust.
PEPE Games Partners With Orbler
PEPE Games, a meme-themed Web3 gaming platform, has announced a strategic partnership with Web3 marketing firm Orbler to drive adoption of blockchain gaming.
At the center of the partnership is the promotion of PPG, the first meme-focused Web3 gaming hub on Solana. Players can explore a range of PEPE characters, join battles, and earn rewards through a play-to-earn model powered by the PEPE meme coin.
Trump’s Empire Crypto Game
Trump’s Empire is a new Telegram-based crypto game that has quickly gained popularity. It lets players build a business and political empire using a simple tap-to-earn gameplay loop. While the game uses Donald Trump’s name and cartoon image, there’s no official connection to him.
The real draw for many players is the promise of a token airdrop. The in-game token, TRUMPE, will be launched on The Open Network (TON). While the exact airdrop date hasn’t been revealed, developers say player actions, like income levels, achievements, and in-game currency, will affect how many tokens each player receives.
Treeverse Season 1 Reward Campaign
Treeverse will launch its Season 1 Reward Campaign on April 19, 2025, offering END token rewards based on gameplay, NFT ownership, and community participation. The campaign runs for four weeks and distributes 2.76% of the total token supply, with eligibility tied to in-game performance and pre-alpha engagement.
Treeverse is releasing new NFTs, some soulbound and others tradable, on Immutable zkEVM. END, Treeverse’s upcoming ERC-20 token, will be used for in-game purchases and governance. It will be fully unlocked after the campaign ends, with no vesting.
What You Can Do Now
- Focus on quality over hype: look out for games that people play for fun rather than just for earning.
- Check for real utility and in-game integration: projects where tokens and NFTs have multiple use cases within the game, such as staking, upgrades, and crafting, tend to be more sustainable.
- Evaluate team experience and transparency: teams with a proven track record in gaming or blockchain are more likely to deliver.
- Assess community activity and growth: high player retention and active communities (Discord, Twitter, Reddit) show that a game can attract and keep players.
- Keep an eye on Treeverse’s Season 1 Reward Campaign.
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