GameFi Will Grow Rapidly in 2025 and the MYTH Token Will Lead the Charge
GameFi enjoyed a prolific 2024 as the industry matured and new games came onstream. The $6.5B sector is on course to double in value by 2030, with a respectable CAGR of over 16%. While many GameFi tokens saw significant success over the past 12 months, one outlier in particular captured attention: MYTH. The native asset of the Mythical Games ecosystem performed admirably through H2, buoyed by the success of titles such as NFL Rivals, the multi-million player football game that raised the bar for what’s possible in web3 gaming.
As 2025 dawns, the stage is set for GameFi to move past the hype phase to the less exciting but far more valuable leg of its journey: gaining serious real-world adoption. The unsustainable token economies that defined the first wave of GameFi projects has been replaced by models that are value accretive, allowing players to reap the rewards from the long hours they put into vanquishing foes, dispensing opponents, and relentlessly leveling up. As a closer examination of MYTH shows, it and the industry it occupies are well placed to rise higher in 2025 as GameFi suits up and starts being taken seriously.
MYTH Has Been on Quite the Journey
Ever since Mythical Games burst onto the GameFi scene, the MYTH token has been integral to its success. From facilitating marketplace transactions to incentivizing community-driven governance, MYTH has been integral to its success – even if there’s a case for saying that its true utility still lies ahead. With MYTH closing out 2024 strongly after a sluggish start to the year and more major Mythical Games titles on the horizon, observers are keenly watching MYTH’s market performance as a bellwether of broader GameFi adoption.
As it stands, MYTH boasts a circulating supply of 760 million tokens out of a total 1 billion, meaning that future token issuance should be sustainable rather than dilutive. Meanwhile, its market capitalization of around $160 million makes it a mid-cap in GameFi terms that leaves plenty of room to grow. Of course, growth doesn’t magically happen just because a token occupies this territory; if it does rise higher and surpass its previous ATH, it will be partially due to the success of Mythical Games’ impending releases.
Chief among these is Pudgy Party, which can lay a claim to being one of the most highly anticipated GameFi releases of 2025. Pudgies are NFT royalty, and the brand, which ranges from PFPs that boast a 30 ETH floor price to soft toys stocked in Walmart, has real sticking power. Is its passionate community excited about the release of Pudgy Party? You bet. But that’s just one arrow that Mythical Games has in its quiver.
Many Games, One MYTH
Mythical Games has made a name for itself by focusing on polished, user-friendly titles that rely on blockchain primarily as a value layer. This approach differentiates Mythical from earlier Play-to-Earn projects that often prioritized tokenomics at the expense of fun. With NFL Rivals surpassing 5 million downloads and the recently announced FIFA Rivals looking to replicate this momentum, Mythical is demonstrating how big brands and beloved IP can slot effortlessly into web3.
With each new title, MYTH remains the core currency for in-game economies, letting players buy, sell, and trade assets. It’s also leveraged for governance, granting stakeholders a say in shaping Mythical’s roadmap. As more third-party developers release games that plug into the Mythical Marketplace, the reliance on MYTH as a cross-project utility token strengthens, potentially creating sustained demand for the token.
One of Mythical’s biggest strengths is its deft onboarding of traditional gamers. By making blockchain an optional rather than compulsory component of gameplay, Mythical has attracted a wider audience less familiar with concepts like DeFi or NFTs. Whether it’s trading star players in NFL Rivals or snapping up collectibles in the Mythical Marketplace, the token’s functionality doesn’t dominate the playing experience. Those who want to trade assets on Mythical Marketplace for fun or profit can; those who would rather simply go PvP and battle it out for trophies are free to do so.
Governance and Growing Utility
While NFTs and tokenized assets are core to many web3 gaming models, MYTH’s role extends further. Governance rights let token holders influence direction on key ecosystem decisions, from game design tweaks to partnerships and expansions. This balances the top-down approach of a centralized developer with a bottom-up, community-driven structure – a major selling point for players who prize ownership and input. Not everyone cares about onchain governance. But some people care a lot, and they’re the sort of power users Mythical Games is looking to retain and grow.
Naturally, MYTH’s value proposition hinges on Mythical’s ability to diversify its game lineup and deepen existing IP collaborations. New releases like FIFA Rivals, slated for 2025, are poised to introduce millions of traditional football fans to the concept of playable and tradable digital assets. As more licensed titles land on the Mythical platform, including those created by third-party developers, demand for MYTH should accelerate.
Competition in the Web3 Gaming Space
Despite its significant successes, Mythical Games isn’t alone in the bustling GameFi sector. Competitors, from small studios to mainstream developers pivoting to web3, are all vying for a slice of this multi-billion dollar marketplace. Maintaining market share requires continued innovation in game design, tokenomics, and user experience.
Additionally, token volatility remains an ongoing challenge. MYTH’s all-time high reached nearly $2 in November 2022, showing that sentiment can shift dramatically in both directions. As Mythical Games prepares for a wave of new releases and third-party integrations, however, MYTH finds itself in a good position. The token has steadily recaptured value since its 2023 low, underscoring investor confidence not just in Mythical’s games, but in the entire concept of player-owned economies and governance-driven decision-making.
With FIFA Rivals on the horizon, an expanding community, and innovative features that blend blockchain benefits with traditional gaming staples, Mythical Games is poised for growth. For believers in web3 gaming’s upward trajectory, MYTH remains one to watch, reflecting both the game studio’s vitality and the sector’s broader momentum. 2025 is sure to be full of surprises. But for those who’ve kept close tabs on the GameFi sector, it would come as no surprise if MYTH finishes the year as more than just a mid-cap.