Polygon is now Second Largest Gaming Blockchain After User Activities Growth

Thanks to user activities, Polygon, an Ethereum layer2 scaling platform, has attained new heights in the blockchain gaming industry. The platform is now ranked as the second-largest gaming blockchain in the most recent ranking.

As per a “Blockchain Games” report from DappRadar, a decentralized application (DApp) analytics platform, in March there was a 53% increase in the number of unique active wallets (UAWs) using Polygon. This now places Polygon with 138,081 UAWs behind Wax which tops the chart with 314,000 UAWs.

Although it’s unclear what factors led to this leap, one significant contributor is the popularity of the Hunters On-Chain game by BoomLand. During the course of March UAWs for the role-playing game which was launched in January rose by over 17,000%. The Minecraft-themed free-to-play which leverages non-fungible token integrations reached its highest UAW count of about 55,3000 on March 9.

Meanwhile, the report also reveals that on-chain activity for the month of March fell short by 3.33%. However, the gaming industry still accounted for 45.6% of the DApp industry activity in Q1 2023.

After the recent leap, Polygon is now ahead of Hive who previously held the second position. Hive with 84,000 UAWs and BNB chain with 80,000 are now ranked third and fourth respectively.

Undoubtedly Polygon’s rise is a reflection of the integration of blockchain technology into the gaming industry. The surge in user activities underscores gamers’ acceptance and recognition of the platform which is previously known for Decentralized Finance (DeFi) DApps as a gaming blockchain.

Polygon Attains Prominence via Strategic Partnerships

Aside from gaming, the platform has also spread its net to other sectors of the industry via strategic partnerships.

As reported by thecoinrise.com in January, Blockchain analytic startup Arkham Intelligence announced its partnership with Polygon as part of its vision for ‘Total crypto Intelligence’ across all blockchains. Interestingly, the collaboration afforded users the ability to keep records on its chain by tracking, monitoring, and identifying wallets.

In the same vein, American multinational entertainment company Disney partnered with Polygon while trying to expand and establish its presence in the Non-fungible token (NFT) space. Likewise, leading digital assets payment platform Stripe began its crypto payment by utilizing the Polygon blockchain.