According to Deep Tide TechFlow news on January 6, GMCI index data reported by The Block shows that the total market value of crypto gaming and Layer 2 projects declined in 2024, while other tracks including Layer 1 tokens, meme coins, DePIN, etc., all achieved growth. Among them, the crypto gaming index fell by 16%, and the Layer 2 index fell by 30%.
It is worth noting that the crypto gaming index does not include TON, which benefits from nearly 1 billion Telegram crypto gaming users and has increased by over 100% throughout the year. In the Layer 2 track, Mantle, Polygon, and Arbitrum account for more than 60% of the total index value, with the price declines of POL (formerly MATIC) and ARB dragging down overall performance.
Looking ahead to 2025, the Layer 2 track may see a turning point. The Ethereum Layer 2 network Linea, incubated by ConsenSys, plans to issue tokens in the first quarter, and the Layer 2 network Unichain developed by Uniswap will also go live on the mainnet in early 2025. In 2024, the GMCI 30 index representing the top 30 digital assets rose nearly 90%, ranking third among all 12 indices, second only to meme coins and AI indices.

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