Crypto tokens tied to gaming-centric networks and high-profile games in the Ethereum ecosystem are among the biggest gainers in a broadly green market, with tokens like Illuvium (ILV), Ronin (RON), and Immutable (IMX) marking massive double-digit percentage gains over the past week.
Illuvium, an anticipated NFT game that runs on Immutable X, marked an 86% price jump over the past week at the current price above $95, per data from CoinGecko, and has more than doubled in price over the past month with an 141% increase.
Much of that gain came on Wednesday after the creators of Illuvium announced that the game will launch on the Epic Games Store, a prominent marketplace for mainstream PC games, and that the next beta test for the game will release later this month.
Immutable’s own token has also surged, with IMX up 50% this week to a current price of $1.04 per token. IMX has also doubled in the past month, with a nearly 103% price bump during that time. The gaming-centric Ethereum scaling network has made numerous recent announcements, none bigger than a partnership with Assassin’s Creed maker Ubisoft on Thursday.
Illuvium Ethereum Token Surges After Epic Games Store Listing
Upcoming NFT game Illuvium is coming to the Epic Games Store, and its impending launch apparently yielded a jump in the price for the Illuvium token, which surged in value following the early Wednesday announcement. Illuvium is now listed on the Epic Games Store ahead of a November 28 debut for the title’s Beta 3: Arena test, which will focus on player-vs-player (PVP) action. The beta will launch through the popular PC gaming storefront. News of Illuvium joining the prominent PC gaming marketpla...
Another big winner this week is RON, the token of the Ronin network, an Ethereum sidechain. Ronin’s token popped 53% this week to a current price of $0.78, and is up 88% over the past month. The network, best known for hosting Axie Infinity, has seen surging active users thanks to the recent buzzy launch of Pixels, another play-to-earn title.
GALA, the token of the Gala Games ecosystem, pumped 33% this week and 87% over the past month. Meanwhile, Axie Infinity’s AXS token is up 12% this week and nearly 46% this past month, while The Sandbox’s SAND token marked a 12% weekly jump and 45% rise over the last 30 days.
Ethereum Gaming Sidechain Ronin Is On Fire—Here's Why
Ronin may be best known as the Ethereum sidechain network behind Axie Infinity, the play-to-earn monster-battling game that flung NFT gaming into the spotlight back in 2021. But now Ronin is drawing attention for other games—and network activity is surging following last week’s launch of a game called Pixels. The number of active wallet addresses on Ronin has effectively tripled in recent days, according to data shared on Twitter by Alex Svanevik, founder and CEO of crypto analytics firm Nansen....
Such gains are outpacing the crypto market’s most valuable coins. Bitcoin, for example, is up nearly 8% this week and 39% over 30 days, while Ethereum surged 16% this week and is up almost 35% during the past month.
