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L2 gaming activity spikes in February, but wallets decline — Report

cryptoweekly by cryptoweekly
March 13, 2025
in bitcoin, News
0

The number of unique active wallets dropped 16% MoM as traders turned to decentralized finance due to market uncertainty.

Gaming activity on some layer-2 blockchains rose by over 20,000% in February 2025 while the number of daily unique active wallets (dUAWs) dropped, according to a report by DappRadar.

Abstract, an Ethereum layer-2 blockchain developed by Igloo, the parent company of NFT collection Pudgy Penguins, led all chains with a growth of over 20,000% in daily active unique wallets (dAUWs). Soneium, Sony’s Ethereum L2 blockchain, came in second with a growth of over 3,200%, and Linea, another L2 blockchain, placed third with over 1,000% growth.

Monthly growth of unique active wallets across blockchains. Source: DappRadar

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Recent Posts
  • SEC approves conversion of Grayscale's large-cap crypto fund into ETF
  • SOL ETF news gain evaporates, while chart warns of another 20% drop
  • Bitcoin at risk of deeper drop as BTC slips below key support levels
  • US regulator considers simplified path to market for crypto ETFs
  • Connecticut governor approves law prohibiting crypto use in government
  • Bitcoin analysts say market quickly absorbs selling, paving way for a bullish July
  • Connecticut Governor signs bill banning public officers from using BTC and other crypto assets

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