- Ethereum gaming tokens have seen massive gains recently, with Illuvium, Ronin, and Immutable X more than doubling in price over the past month.
- Illuvium marked a 141% price increase over the past month after announcing its Epic Games Store launch and upcoming beta test. Immutable X also doubled after partnering with Ubisoft.
- Ronin, which powers Axie Infinity, saw a 53% weekly gain and 88% monthly gain after launching Pixels game. Other gainers include Gala, Axie Infinity, and The Sandbox tokens.
Gaming tokens on the Ethereum blockchain have seen massive gains recently, with Illuvium (ILV), Ronin (RON), and Immutable (IMX) more than doubling in price over the past month. This growth reflects the increasing popularity and adoption of blockchain gaming.
Illuvium’s Meteoric Growth
The anticipated NFT game Illuvium, which runs on Immutable X, marked an 86% price jump over the past week. Its token has more than doubled in the past month with a 141% increase. This surge came after Illuvium announced its launch on the Epic Games Store and the release of its next beta test this month.
Immutable X Also Rides the Wave
Immutable’s own token, IMX, has also popped. It is up 50% this week to $1.04 and has doubled in the past month with a 103% gain. The Ethereum scaling network recently announced a major partnership with Ubisoft.
Another top performer is RON, the token of the Ronin sidechain. Ronin powers games like Axie Infinity and saw a spike in activity after the launch of Pixels. RON is up 53% this week and 88% in the past month.
Other Notable Gainers
GALA, the token for Gala Games, pumped 33% this week and 87% over the past month. Axie Infinity’s AXS and The Sandbox’s SAND also marked double-digit weekly gains.
The growth of Ethereum’s gaming tokens reflects rising adoption of blockchain games. As more titles launch and onboard new gamers, the crypto gaming sector could continue its rapid ascent. Illuvium, Ronin, Immutable X, and other Ethereum gaming projects appear poised for additional gains.