We will discuss some of the top metaverse crypto projects. The metaverse is a virtual world where users can move around just like in reality. Not only that, but everything from gaming to entertainment and social activities can be conducted here. For example, land buying and selling, virtual shopping, chatting, meeting with clients all are possible, but virtually. And with the arrival of blockchain, the entire metaverse industry has become more secure and user-friendly. In 2025, the metaverse industry has reached 168.2 billion dollars, which is expected to reach 1.1 trillion dollars by 2030. Below are discussions on 4 metaverse crypto projects with blockchain.
The Sandbox (SAND):
The current number of users of the sandbox is over 6.3 million. It is a gaming platform where users can create games for themselves or others and earn profits.
Recently, the value of their coins has increased by more than 1670%. The Sandbox is built on the Ethereum blockchain. It is operated through a DAO (decentralized autonomous organization)-based system. However, due to the high gas fees on the Ethereum blockchain, they have shifted to Polygon’s Layer 2 to reduce costs. And it is expected that transaction fee will decrease significantly as a result.
The Sandbox has created new opportunities for game developers through their builders challenge. However, they have made some challenges here. For example, boosters and the leaderboard have been removed and developers had to use Game Maker 0.11. Not only that, but they have also added new features to VoxEdit. These include a new tab system, improved panels and performance and versioning updates. With these, users will be able to design their games more easily and quickly.
The most exciting part is that Sandbox has started selling their third Adventure World Land. Users can buy this land and create virtual shops or any kind of game. Needless to say, these lands are designed after Jurassic World, the British Museum and Bruce Lee. Users can sell them in the form of NFTs.
Decentraland (MANA):
Decentraland is a virtual world where users operate through a DAO that is, decentralized autonomous organization, using smart contracts. In this way, they buy and sell land through land contracts. It is built on the Ethereum blockchain. However, its market value was $7.75 billion, which has decreased by 92% and currently stands at $566 million.
Here, users can generate income by renting out their land. How, you ask? Let’s explain. A group rents land, run advertisements there, makes the land interactive, and creates various experiences. As a result, both the renter and the tenant benefit. Buying and selling here is done through the MANA token. Mana is Decentraland’s own token. And this crypto token can easily be converted into regular money.
Decentraland has added some new features to their platform. New advanced tools for creators and social interaction features have been added. With these, 3D structures and in game mechanics can make games without any coding. There are also options for voice chat and a friend list.
The interesting part is, inventory can be directly linked from OpenSea or other NFT marketplaces. Currently, its mobile version has been launched experimentally.
Axie Infinity (AXS)
Axie Infinity (AXS) currently holds a respectable position among metaverse cryptocurrencies. If you are someone involved in the crypto world, I believe you have definitely heard the name AXS. It is also a blockchain based game. In this game, there are various opportunities for earning and character development through creatures. That is why many people, fascinated by it, have even adopted it as a profession.
Axie Infinity has its own coins, AXS and SLP, which are mainly built on the Ethereum blockchain with a Metaverse theme. These tokens play specific roles in each game. Interestingly, AXS is both a governance token and allows its users to contribute to the game’s development through suggestions and voting. That is why users find it user-friendly.
SLP tokens are used to breed Axies. Over time, the value of each creature increases. Users can sell these creatures and earn real money. And perhaps this is what will take Axie even further in the future.
Axie Infinity has recently announced that they are bringing new changes to their ecosystem. That is, an MMO (massively multiplayer online) game which is designed for the world of Luhacia. With this, users will not only breed but also have customization options.
Axie Infinity has also brought new updates to their bounty system, allowing one additional premium bounty quest to be completed each day, meaning up to 7 bounty quests can be completed in a week. Not only that, they have launched a delegation feature to help scholars improve their Axies. In Axie Infinity’s classical mode, 2 new cards have been added across 66 new levels. And this might make the Axie experience even more popular among users.
Enjin Coin (ENJ):
The purpose of creating Enjin Coin is to develop digital assets within the Enjin ecosystem so that they can be easily managed and given value. It is also used in other Ethereum blockchain and ENJ is an ERC-20 token. It is also used in other Ethereum applications. Users stake ENJ tokens here, which reduces supply and increases the value of the token.
Since the NFTs created on the ENJ platform can be used in other Ethereum applications, there is a consistency. Also, they share the source of each asset with users, so there is full trust of users in the ENJ coin. Another interesting thing here is that users can sell their NFTs whenever they want. In the current growing trend of the metaverse and the NFT landscape, ENJ coin is becoming a symbol of trust due to its strong security and its ecosystem.
In January 2025, Enjin integrated Snap with MetaMask Wallet so that users can transact safely and easily. This is a joyful thing for users. Not only that, before this they launched the Multiverse and Quests system in Enjin Gaming, which provided new experiences for users.
The most delightful thing for users is that on February 24, they upgraded to Enjin Relaychain v1.5.0 and on March 24 to Enjin Matrixchain v1.2.0. Through this upgrade, the block time of Matrixchain has been reduced from 12 seconds to 6 seconds, which has increased the speed of the network by 100%. Additionally, they increased the number of active validators on the Enjin Relaychain mainnet from 15 to 25, which has further strengthened the decentralization and security of the network. They have also announced plans to increase this number to 50 by the end of 2025.
Conclusion
The world of crypto and the metaverse is growing at an astonishing rate. It is developing so rapidly that it’s difficult for us to predict which digital worlds and which cryptocurrency will be at the top of the leading metaverse crypto project in the future. Another fascinating aspect of the current technological revolution is the Metaverse. It seems to us that the world will reach a point where it will be unimaginable without the Metaverse, and cryptocurrency will be the primary medium of transaction there.
In this article, we have tried to provide you with proper knowledge about the Metaverse. Although much more pieces of information is not included here, we still hope this list will serve as a good initial step for exploring the metaverse.
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