TLDR Crypto · MARKETS & BUSINESS
GAMING, LAYER 2 TOKEN INDICES POST LOSSES FOR 2024, WHILE ALL OTHER SECTORS GAINED
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.