GameFi and Metaverse Crypto Sectors Dominate as Sandbox (SAND) Price Surges by 100%

The GameFi and Metaverse sectors have been leading the way in the recent crypto market rally, particularly with The Sandbox (SAND) price surging nearly 100% in the past 2 days. Alongside SAND, other players in the market such as Decentraland (MANA), Gala (GALA), and Axie Infinity (AXS) have also seen significant gains over the past week.

The Sandbox (SAND) Price Boosts GameFi, Metaverse Sectors

The Metaverse platform The Sandbox has shown strong network activity, resulting in its native token SAND price increasing by over 100% in recent days. This has allowed it to outperform other major altcoins like XRP and Cardano.

Furthermore, on-chain data suggests that the SAND price rally may have further room to grow. According to CryptoQuant data, the daily transaction count for SAND has reached 11,597, the highest in the past seven days.