Off the Grid’s GUN Token Expands to Solana, NFT Sales Surge

Off the Grid’s GUN Token Expands to Solana Amid NFT Sales Surge and Market Volatility

  • Off the Grid’s GUN token expanded to the Solana network to make access easier for users.
  • The GUN token’s price dropped sharply in the past week following the Solana expansion.
  • In-game NFT sales on Off the Grid’s marketplace reached $666,600 over 30 days, with notable high-value sales.
  • GUN tokens remain available on Avalanche, with optional bridging to Solana, and traders are anticipating OpenSea marketplace integration.
  • Several crypto games, such as OpenSeason, have shut down recently due to financial challenges and declining hype.

Gunzilla Games expanded the GUN token for its shooter game Off the Grid to the Solana blockchain on Thursday. The GUN token first launched on Avalanche’s GUNZ network. This move aims to lower barriers for users and fits Gunzilla’s multi-chain strategy.

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Despite the expansion, the price of the GUN token fell significantly over the week, according to data from CoinGecko. Sales of in-game NFTs are still strong. Off the Grid’s marketplace recorded $666,600 in transactions over the last 30 days, which included the sale of a single digital gun skin for $5,499.

Current GUN tokens still exist on Avalanche, and users can choose to bridge their tokens to Solana if they wish. While the expansion to Solana increases accessibility, many skin traders are focused on the planned integration with the OpenSea NFT marketplace, which is expected to have a major impact on trading activity.

Crypto gaming has seen multiple shutdowns this year as projects face financial strain and reduced market excitement. Last week, the developers of OpenSeason, a battle royale game inspired by Fortnite, confirmed that the game had been closed due to high costs and low funding. The team has since shifted its focus to a different project, Booby Bot, which features AI-generated imagery.

Recent conversations with crypto game developers have highlighted continued challenges in the sector. These include a decrease in hype, rising concerns over token values, and difficulties producing high-quality games.

Some community members anticipate that upcoming marketplace changes, like OpenSea integration, could help support trading and engagement, but current trends show ongoing volatility and uncertainty in this space.

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