TOWER Token Outpaces Ethereum With 8X Monthly Growth
TOWER gaming token surged 8X faster than Ethereum in July as gaming investments and active wallets spiked.
- TOWER token grew 8X faster than Ethereum in July
- Web3 gaming investments saw a major boost last month
- Active wallets in blockchain games are steadily rising
In a surprising turn of events for the crypto market, Animoca Brands’ TOWER gaming token has recorded a monthly growth rate 8 times greater than Ethereum during July. This unexpected surge puts the spotlight back on the Web3 gaming sector — a niche often overlooked amid the buzz around DeFi and NFTs.
TOWER is the native token of Animoca’s “Crazy Kings” and “Crazy Defense Heroes” game ecosystem. The utility token is used for governance, in-game purchases, and staking, all of which have seen increasing traction as player activity and developer interest in blockchain games picks up steam again.
Gaming Investments Are Heating Up
According to recent blockchain analytics, July witnessed a notable increase in Web3 gaming investments, with venture capital flowing into gamefi platforms, studios, and infrastructure. This is a strong indicator that the industry is preparing for the next wave of adoption.
While big-cap tokens like Ethereum saw modest growth, niche gaming tokens such as TOWER benefited from a combination of rising user engagement, community-driven updates, and speculative interest. This has helped them outperform traditional crypto assets in the short term.
Active Wallets on the Rise
Another key driver behind TOWER’s growth is the increase in active wallets across Web3 games. Data from DappRadar and other sources showed a consistent uptick in daily active users for blockchain-based games in July, suggesting that players are returning, and possibly spending, more than ever.
The combination of growing investment, active user numbers, and a surge in token utility has placed TOWER in a unique position to capitalize on the renewed momentum in blockchain gaming.
As the broader market remains cautious, niche sectors like Web3 gaming are proving they still have room for fast-paced growth — and TOWER might just be the token leading that trend.
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