Crypto gaming ‘is not coming back’ — Solana Foundation President
Crypto gaming hopefuls waiting for a sector comeback could be out of luck, according to Solana Foundation president Lily Liu.
“Gaming on a blockchain is not coming back,” Liu said in an X post.
The provocative post has racked up nearly 900,000 views on X at the time of writing, triggering a heated debate across the industry, despite the point itself being pretty much crypto’s equivalent of low-hanging fruit.
Tone doesn’t always come across online, but a few signs suggest Liu was trolling the sensitive crypto gaming community hard.
(Vibhu Norby)
Liu has since changed her X profile picture to one of her holding a gaming controller and added “head of gaming” to her title, alongside “Solana Foundation president.”
Luckily for true believers, many in the crypto industry did not share the same view. Popular gaming streamer Yellow Panther said, “Gaming on blockchains is here to stay.”
“Gaming on blockchains will always be a breakthrough,” gamer FeranRepom added.
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In Liu’s defense, sentiment around the crypto gaming sector has been grim. Axie Infinity founder Jeff “JiHoz” Zirlin told Magazine in January that more crypto gaming studios are likely to face the chopping block in 2026.
Zynga founder Justin Waldron said Web3 gaming has failed due to false promises. “Projects tried to build complex ecosystems, long roadmaps, and massive token economies before proving players actually cared,” Waldron said.
VeryAI CEO Zach Melter said Web3 gaming “could’ve all worked out if we had just gotten existing games to use blockchains.”
Some anticipate that the US crypto market structure bill, the CLARITY Act, will be the catalyst for a crypto gaming bull run. “The CLARITY Act will make the last decade of growth in gaming look like a joke,” Immutable founder Robbie Ferguson said in an X post.
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