A Solana executive sparked controversy by suggesting gaming on blockchain was over, prompting strong reactions from the crypto community. Axie Infinity founder Jeff Zirlin said more crypto gaming studios are likely to face the chopping block in 2026, while Zynga founder Justin Waldron stated Web3 gaming has failed due to false promises. Popular game Pixels launched the Stacked application to centralize rewards and solve the complexity issues that have plagued play-to-earn. Meanwhile, the NFT market continues to decline, with market capitalization falling 55% from its yearly high of $3.2 billion to $1.45 billion, according to CoinGecko.
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