According to a CoinMarketCap report, the rise in the GameFi market coincided with Bitcoin’s surge, which gained 5% to reach $111,000. Market participants expect higher volatility ahead of the upcoming meeting between Donald Trump and Xi Jinping, scheduled for October 30.
The largest Web3 gaming tokens gained, lifting the sector’s total market capitalization by 3.0% to $13.5 B. At the same time, trading volume fell by 24%, suggesting that traders are taking a wait-and-see approach before the release of U.S. inflation data.
Top Gainers and Losers
Over the week, the strongest performer was the Mythos (MYTH) token, which gained 55%. Other top movers included Baby Shark Universe (+68.87%), DARKSTAR (+36.63%), Catizen (+34.46%), and Echelon Prime (+25.21%).
On the losing side, the Kadena (KDA) token plunged 73.35% after the project team announced it would discontinue blockchain support due to “challenging market conditions.” Also falling were Four (-16.47%), Victoria (-15.62%), Gods Unchained (-12.03%), and FUNToken (-10.61%).
Integration of Web3 and Stablecoins
A BGA report revealed that Web3 game developers are increasingly adopting stablecoins such as USDT and USDC as the foundation for in-game economies. This approach ensures stable payouts and reduces dependency on volatile tokens.
New Releases and Updates
The game Engines of Fury has appeared on the Epic Games Store. Players can join PvPvE battles with a $1.0 M FURY prize pool. The launch includes a month-long rewards campaign and a new ALLOY-to-FURY exchange system.
Cardano announced the release of an SDK for Unreal Engine 5, allowing developers to integrate wallets, NFTs, and other on-chain assets directly into their games.
Technological Improvements and Partnerships
The Berachain network introduced an update reducing transaction processing time to 200 milliseconds. The improvement aims to boost the performance of DEX platforms and Web3 games, bringing them closer to the speed of centralized services.
GametaverseDAO and Salvo Games began co-developing tools that combine artificial intelligence and blockchain to create fairer and more transparent gaming systems.
Market Metrics Movement
GameFi dropped from 7th to 13th place in DeFiLlama’s ranking of popular narratives, but analysts note signs of renewed interest in the sector. Bitcoin’s dominance index remains above 59%, while the altcoin season index fell from 26 to 23.
Analysts suggest keeping an eye on the upcoming Consumer Price Index (CPI) release and updates on the Trump–Xi meeting, as these could influence market positioning and profit-taking.
This post is for informational purposes only and does not constitute advertising or investment advice. Please do your own research before making any decisions.
