The native token of blockchain gaming platform Gala Games, GALA, has experienced a meteoric rise, surging over 70% in a single day to propel its market capitalization to a staggering $4.3 billion. This explosive growth, from a price of around $0.086 and a market cap above $500 million just weeks ago, underscores the intense investor interest converging on the intersection of cryptocurrency, non-fungible tokens (NFTs), and gaming. With 1.3 million active users and a multi-game ecosystem strategy, Gala Games is positioning itself at the forefront of the burgeoning play-to-earn and metaverse sectors.
about Gala Games Token Surges 70%: NFT Gaming Ecosystem AnalysisGala Games
0 in Finance and 1 in Crypto last weekCrypto Games Realms of Alurya & Wonder Wars Shut Down
Realms of Alurya and Wonder Wars, two games on Ethereum’s Ronin network, are shutting down after failing to secure development funding. Wonder Wars’ developer, Hello Monster, cited unsustainable metrics, while Realms of Alurya lost support when Treasure terminated its publishing deal amid a pivot to AI. These closures reflect a growing trend of crypto game shutdowns in 2024, with financial constraints and low player engagement contributing to the decline. Other games like Nyan Heroes and Ember Sword have also shut down recently, while gaming tokens struggle in the market. The failures underscore the volatility and funding challenges in blockchain-based gaming.
about Crypto Games Realms of Alurya & Wonder Wars Shut DownEmber Sword Shuts Down After $203M NFT Land Sales
Ember Sword, an Ethereum-based MMORPG that raised $203 million through NFT land sales during the 2021 metaverse boom, has officially shut down. Bright Star Studios, the developer, announced the closure, attributing it to a lack of funding needed to sustain operations. The game, which had high-profile backers like Dr. Disrespect and Blizzard veterans, entered beta in 2024 but faced criticism over gameplay quality. Its native token, EMBER, has plummeted over 99% in value. The shutdown reflects a broader trend, with other crypto games like Nyan Heroes and Deadrop also closing recently due to financial struggles. The studio expressed gratitude to its community but acknowledged the unavoidable end of the project.
about Ember Sword Shuts Down After $203M NFT Land SalesNyan Heroes Shuts Down as Funding Falls Short
Nyan Heroes, a free-to-play hero shooter game built on Solana, is closing its doors after developer 9 Lives Interactive failed to secure the necessary funding to complete the project. The game had attracted over 1 million players across four playtests and distributed a significant play-to-earn airdrop of its NYAN token. Despite discussions around publishing deals and acquisitions, the studio couldn’t raise enough capital, leading to the shutdown. The NYAN token crashed nearly 40% on the day of the announcement and is now down 98.5% from its all-time high. This closure adds to a growing trend of Web3 gaming projects struggling to sustain operations amid funding challenges.
about Nyan Heroes Shuts Down as Funding Falls ShortGALA Crypto Shows Long-Term Upside Potential Amid Breakout
GALA is in the early stages of a breakout, with analysts pointing to its steady rise from its all-time low as a sign of long-term potential. The token’s price action suggests an accumulation phase, offering opportunities for new investors. Gala Games reinforces its fundamentals with Web3 events, NFT sales, and in-game content, including participation in high-profile events like the White House Easter Egg Roll. Recent NFT drops and Mystery Box releases keep the community engaged. Crypto analyst Master Ananda highlights GALA’s breakout potential, linking it to broader financial cycles. As of now, GALA is up 11.55% in 24 hours and 44.99% over the past week.
about GALA Crypto Shows Long-Term Upside Potential Amid BreakoutCrypto Gaming Weekly: Top Stories & Trends
This week in crypto gaming, Gala Games announced the shutdown of ‘The Walking Dead: Empires,’ compensating NFT holders with assets from other games. Flappy Bird launched without crypto features on Android, though its Telegram version hinted at future blockchain plans. MapleStory N is set to debut on Avalanche, while Playtron unveiled ‘Game Dollar,’ a programmable stablecoin for Sui-based gaming. Other notable updates include Ubisoft’s cross-chain asset network, Solana’s Claynosaurz expansion to Sui, and legal action around the VOXEL token. The industry continues to adapt to regulatory changes, with mobile gaming poised to benefit from Apple’s relaxed NFT rules.
about Crypto Gaming Weekly: Top Stories & TrendsGala Games Ends The Walking Dead: Empires NFT Game
Gala Games is discontinuing The Walking Dead: Empires, an Ethereum NFT-based multiplayer survival game, with the final playable date set for July 31, 2025. The game, which allowed players to craft weapons, build bases, and fight zombies using NFTs, will compensate users with other Gala NFTs of ‘equal functionality.’ Some high-value in-game assets, like land deeds once sold for $67,000, will now be replaced by mystery boxes, sparking mixed reactions from the community. Gala Games aims to maintain utility for these NFTs within its broader gaming ecosystem despite the game’s closure.
about Gala Games Ends The Walking Dead: Empires NFT GameTop Three Cryptocurrencies Poised for Exponential Growth in the Market
The cryptocurrency market is ripe with opportunities, particularly with projects like Qubetics, Arbitrum, and Gala leading the charge. Qubetics is revolutionizing online privacy with its decentralized VPN, while Arbitrum enhances Ethereum’s scalability, addressing critical blockchain challenges. Gala is transforming gaming by allowing players true ownership of in-game assets, tapping into the booming blockchain gaming industry. Each of these projects offers innovative solutions and significant potential for exponential returns.
about Top Three Cryptocurrencies Poised for Exponential Growth in the MarketEmerging Cryptocurrencies to Watch in 2025 The Sandbox Gala Games and 1FUEL
January is set to be a pivotal month for cryptocurrencies, with The Sandbox and Gala Games showing significant potential. However, 1FUEL is emerging as a standout, boasting unique one-click, cross-chain transactions and projected returns of 500% for early investors. With a presale raising over $1.2 million, 1FUEL’s accessibility and security make it a prime candidate for investment in 2025.
about Emerging Cryptocurrencies to Watch in 2025 The Sandbox Gala Games and 1FUELCrypto Industry Faces Over 3 Billion in Losses Due to Hacks and Scams
The crypto industry faced over $3 billion in losses from hacks and scams in 2024, a 15% increase from the previous year. Hacks accounted for $2.15 billion, while scams contributed $834.5 million, with phishing scams emerging as a significant threat, causing over $1 billion in losses. Major incidents included a $305 million hack of Japanese exchange DMM Bitcoin and substantial losses at WazirX and Gala Games.
about Crypto Industry Faces Over 3 Billion in Losses Due to Hacks and ScamsTop Cryptocurrencies to Consider for Long Term Growth and Investment
The cryptocurrency market is witnessing significant developments as the Blockchain Association opposes IRS regulations on decentralized platforms. Amidst this, five cryptocurrencies—Aureal One (DLUME), DexBoss (DEBO), yPredict (YPRED), Polygon (MATIC), and Gala Games (GALA)—are highlighted for their strong fundamentals and growth potential, with Aureal One emerging as a top contender for long-term investment due to its innovative approach to the creator economy.
about Top Cryptocurrencies to Consider for Long Term Growth and Investment