Gaming NFT Market Update June 2025

GamingChronicles just shared its June 2025 gaming NFT market update. The report provides a comprehensive overview of current trends in the web3 gaming space. Based on data from 71 active NFT mints out of over 85 launched in total, the analysis reflects evolving user behavior, platform performance, and overall sentiment among market participants. The data indicates a slight shift toward negative sentiment, driven by a lack of profitable paid mints and the continued underperformance of free NFTs.

Paid Mints Dominate Despite Weak Market Conditions

Memento reports that the 71 tracked mints, 81 percent were paid, with most occurring on the Ronin and Abstract blockchains. This marks a noticeable increase in the share of paid mints compared to 2024, even as broader market conditions remain less favorable. Despite the high proportion of paid mints, the pricing for most remained below the original mint price, indicating limited profitability for participants. The continued dominance of paid mints highlights the reluctance of studios to implement more aggressive or extractive sale models, such as auctions, in the current environment. Studios appear to be testing monetization strategies that are more conservative and aligned with subdued demand.

Ronin and Abstract Lead Minting Activity

Ronin and Abstract have emerged as the leading platforms for gaming NFT mints in this period. This trend is partly driven by ongoing migration activity, which has brought new projects and renewed attention to these blockchains. Both platforms have benefited from their positioning within the web3 gaming ecosystem and their ability to support a steady volume of new NFT launches. Their infrastructure and user base have made them attractive to developers seeking predictable engagement in a volatile market.

Gaming NFT Market Update June 2025

Performance of Paid and Free NFTs

Several paid NFTs have shown strong performance in terms of all-time high prices compared to their original mint prices. Notable examples include Sabong Saga, Fishing Frenzy, Onchain Heroes, Monsters.fun, Tokyo Games Pass, Ronen Coin, Gigaverse, and Mining Masters.

Among these, projects like the Tokyo Games TGT VIP Card, Ronen Coin, Onchain Heroes, and Mining Masters appeared to derive most of their price performance from token-related utility. In contrast, Fishing Frenzy and Gigaverse demonstrated signs of product-driven value, where user interest and engagement were less dependent on token mechanics and more connected to the gameplay or platform features.

On the other hand, free mints have continued to struggle with value retention. Space Rush was the only free NFT project of note during this period, standing out in an otherwise underperforming segment. The broader lack of upward price movement for free mints reinforces the view that these offerings often fail to generate sustained interest or demand beyond the initial launch phase.

Gaming NFT Market Update Feb 2025

Market Sentiment Shifts Toward the Negative

The overall sentiment in the gaming NFT market has declined slightly compared to earlier in the year. In February 2025 Memento reported that sentiment was slightly positive, driven by optimism around emerging projects and improving participation. However, the current report reflects a more cautious outlook, influenced by the limited success of paid mints and the ongoing underperformance of free mints.

This sentiment shift indicates a maturing understanding among participants that short-term trading remains the dominant behavior in the space. Rather than collecting NFTs for their long-term appeal or utility, users are primarily focused on extracting short-term value, especially from paid mint opportunities.

Gaming NFT Market Update Feb 2025

Conclusion: A Traders’ Market, Not a Collectors’ Market

The gaming NFT sector in June 2025 continues to operate as a traders’ market. Most participants are engaged in short-term strategies aimed at maximizing value from paid NFTs, while long-term collecting remains a less common behavior.

The increase in paid mints and the reliance on specific platforms such as Ronin and Abstract suggest a stable but cautious environment. Market conditions do not currently support aggressive monetization models, and studios are adapting by focusing on tested approaches. Without significant improvements in profitability or value retention, the sector is likely to remain dominated by trading behavior rather than genuine collector engagement in the near term.