🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Hamster Network Suffers 99.9% Drop in Transactions
Hamster Kombat’s Layer-2 (L2) blockchain briefly outperformed Solana in transactions per second (TPS) but is now experiencing a dramatic drop in activity.
Just two weeks after its launch, the Hamster Network has seen a staggering 99.9% decline in transaction volume, raising concerns about its long-term viability.
Hamster Network Transaction Volume Plummets
The Hamster Network, launched in February 2025, was initially positioned as a gaming-focused blockchain that supports decentralized applications (dApps) and games within its “Hamsterverse” gaming ecosystem.
BeInCrypto reported in early March that Hamster Kombat’s L2 network reached an all-time high of 34,021 TPS, 3.5 times higher than Solana’s.
However, as of March 13, the L2 scaling solution is processing only 0.84 TPS, handling only 52,516 transactions in the past 24 hours. This is a sharp decline from its launch-day peak of nearly 150 million transactions.
As of February 26, 2025, the game reported 11.5 million monthly players. However, that number has now fallen to 10.3 million—a loss of over 1.2 million users in just two weeks. Similarly, the number of new daily accounts is minimal, with only 12 created, reflecting the game’s lack of appeal. The game once had up to 300 million monthly users.
Meanwhile, the recent decline follows the conclusion of the “GameDev Heroes Combo,” a recurring in-game event with player incentives. User activity has dwindled without such rewards for players, raising concerns about the game’s ability to sustain long-term engagement.
Despite the setbacks, Hamster Kombat’s team insists that the L2 network is still in its early stages. They say it will undergo further stress tests to determine its full capabilities. Nevertheless, the dramatic transaction volume and player engagement downturn highlight volatility in blockchain gaming projects.
Their ability to revive the blockchain’s initial momentum remains uncertain. Similarly, whether developers and gamers will continue to see value in the platform remains to be seen.
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