
The crypto gaming sector is undergoing a series of shutdowns, with multiple Web3 games and platforms ceasing operations due to funding difficulties and market conditions. Realms of Alurya and Wonder Wars, both built on the Ethereum gaming-centric Ronin network, have gone offline after failing to secure necessary development funding and following the abrupt end of support from publisher Treasure, which is pivoting to AI. Animoca Brands subsidiary NWay is closing its NWayPlay NFT marketplace on June 3, 2025. Other recent closures include Solana-based Nyan Heroes, Ethereum's Ember Sword, and the upcoming shutdown of Gala Games' The Walking Dead: Empires. IMX remains the only gaming token in the top 100 by market cap, reflecting broader challenges for gaming-centric tokens. Despite the shutdown trend, some Web3 gaming projects are highlighted as trending or high-performing, with platforms like PlayToEarn tracking popular games on Avalanche, Arbitrum, and Ultra. In the broader crypto ecosystem, OKX has integrated wrapped bitcoin (xBTC) on the Aptos network, contributing to a total value locked milestone of nearly $275 million for Echo Protocol and over $370 million in bitcoin-backed DeFi solutions on Aptos. Aptos also recorded a daily DEX volume high of $136.8 million. Trading platforms such as PowerTrade and PowerDEX have expanded offerings, including the launch of 80+ altcoin options on Solana and new trading tools for assets like $AR and AXS. Tokens such as $POKT and $LPT have seen substantial price gains following new exchange listings.









































Unfortunately, the shutdown of Web3 companies has a domino effect. I knew this would happen as one major brand announced they're closing shop, many others followed through Web3 gaming has specifically been one in the open, and I only think it's about to get worse from here
Check out these standout web3 gaming projects that are in the PlayToEarn spotlight! ๐๐ฎ ๐น@NightSpawnRise A 4-player co-op horror where puzzles, monsters, and panic collide on Somnia Network ๐น@whispersofdcay A psychological horror, play-to-earn game that combines immersive https://t.co/KZbixY0hAW
Bittensor subnets are simmering. The dTAO market shift forces teams to earn demand for their Alpha tokens. Keep an eye on bridging efforts like @taofi or @voidai. Getting Alpha tokens onto other chains could spark a proper speculative 'Virtuals moment' in 6-12 months. ๐