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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
  • Strategy’s Michael Saylor raises Bitcoin forecast to $21M by 2046
  • Historical Bitcoin trend calls for $330K BTC price before bull market ends
  • SOL price drop to $120 looks likely, but there’s a silver lining
  • Bitcoin Knots gain ground: Will a chain split kill BTC price?
  • ‘Policy procrastination’ leaves UK trailing EU, US in crypto regulation: Experts
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  • XRP price rally’s biggest earners are selling $68.5M tokens every day

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