In April 2025, blockchain gaming user activity dropped by 10%, falling to 4.8 million users, marking a low for the year. Despite this decline, the overall ecosystem is considered healthier and maturing, according to DappRadar analyst Sara Gherghelas. Gaming's dominance within the decentralized app space has decreased, now tying with decentralized finance, each holding 21% share. Investment in blockchain gaming also decreased significantly, with a 69% drop from March, totaling $21 million. Gherghelas stated that investor interest is shifting towards more sustainable models and genuine player engagement rather than speculative play-to-earn mechanics. This trend reflects a market reset, suggesting teams are focusing on developing high-quality infrastructure for future blockchain games. Major gaming companies continue to experiment with blockchain, indicating ongoing interest despite April not being a record month. Gherghelas emphasized the ongoing growth of projects and the maturation of the overall gaming ecosystem.

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