TLDR Crypto · MARKETS & BUSINESS

GAMING, LAYER 2 TOKEN INDICES POST LOSSES FOR 2024, WHILE ALL OTHER SECTORS GAINED

links.tldrnewsletter.com2 min read

Summary from the TLDR Crypto newsletter

While most crypto sectors gained value in 2024, gaming and Layer 2 indices posted notable losses of 16% and 30% respectively, despite the broader market gaining 90%. The gaming index's decline notably excludes TON's 100% gain from Telegram-based gaming growth, while Layer 2 losses were driven by Polygon and Arbitrum. The L2 sector could see renewed momentum early in 2025 with the launch of new chains like Uniswap's Unichain, MegaETH, and Abstract.