P2E games still attract players by offering ETH due to well-established trading, instead of issuing their own tokens.
Axie Infinity is still among top 10 P2E games, though with fewer on-chain registered users.
With ETH under $1,300, the P2E market remains little changed. AXS keeps wiping out value despite the game's sucecss.
P2E tokens still offer appeal for some games, but projects are trying other incentives to drive more active adoption.
NFT and tokenized games still retain their appeal, despite stagnant token prices.
P2E games are turning to free mode, while adding more meaningful NFT items.
The Sandbox (SAND) rallied to become the top P2E token, on expectations of another play season just around the corner.
P2E tokens slid, with their valuation now under $6B and down more than 75% from its peak.
P2E players shift to simple puzzle games and look for completed games with attractive tournaments.
Ethereum (ETH) remains above $1,600, helping P2E tokens avoid deeper losses.