SAND

24h change: -0.49%. From $0.0777 to $0.0773.

• Reports indicate 93% of GameFi projects are effectively dead, reflecting a collapse in the play-to-earn model. The Sandbox, despite receiving $93 million in funding, has struggled to maintain its user base. This underscores ongoing challenges for metaverse and gaming tokens in retaining engagement and activity.
• Phase 1 of the SANDchain testnet, The Sandbox's dedicated L2 network, completed successfully on April 16. Positive metrics from the test highlight progress toward improved scalability and lower costs for creators. This development supports the platform's creator economy and on-chain activities.
• The Sandbox launched a mobile playtest for NEXT on March 26, transitioning to Unreal Engine for enhanced performance. This move targets broader accessibility and user growth in mobile gaming. It represents a key step in expanding beyond desktop experiences.

24h change: -2.52%. From $0.0801 to $0.0781.

• Recent market updates highlight gaming coins including SAND showing positive price movements despite Bitcoin volatility. This indicates underlying sector strength amid broader crypto fluctuations. Such resilience can signal potential for altcoin recoveries in gaming narratives.
• The Sandbox launched Season 7 featuring web-based games to boost accessibility for players. This update lowers barriers to entry for new users without downloads. It supports broader adoption of the metaverse platform.
• The Sandbox activated its SANDchain Layer 2 solution alongside a mobile NEXT launch. These developments aim to enhance scalability and mobile access. Company underwent 50% layoffs as part of restructuring.

24h change: -1.54%. From $0.0808 to $0.0795.

• The Sandbox launched Season 7 with user-created games playable in web browsers and token rewards for players. This update lowers entry barriers by eliminating app downloads. It aligns with efforts to expand the metaverse's reach beyond dedicated platforms.
• The Sandbox outlined 2026 plans for faster publishing, cheaper actions, and smoother discovery in its ecosystem. These upgrades target improved user experience and efficiency. Drawn from Messari analysis, they support long-term scalability.
• The Sandbox reduced over 50% of its workforce and closed offices amid Animoca Brands' increased control. This follows challenges in the GameFi sector. The move aims to streamline operations in a tough market.

24h change: +2.12%. From $0.0799 to $0.0816.

• The Sandbox launched Season 7 with user-created games playable in web browsers and token rewards for players. This update lowers entry barriers by eliminating app downloads. It aligns with efforts to expand the metaverse's reach beyond dedicated platforms.
• The Sandbox outlined 2026 plans for faster publishing, cheaper actions, and smoother discovery in its ecosystem. These upgrades target improved user experience and efficiency. Drawn from Messari analysis, they support long-term scalability.
• The Sandbox reduced over 50% of its workforce and closed offices amid Animoca Brands' increased control. This follows challenges in the GameFi sector. The move aims to streamline operations in a tough market.

24h change: +8.24%. From $0.0767 to $0.083.

• The Sandbox launched Season 7 featuring web-based access for games without downloads or accounts. This update includes more user-created content and token rewards to boost participation. It aims to improve accessibility and drive metaverse engagement.
• Many Web3 gaming initiatives, including The Sandbox, face difficulties maintaining active users despite substantial funding like $93 million received. Broader sector reports show 93% of projects effectively dead. This highlights challenges in long-term engagement beyond initial hype.