Crypto Scenario Insights

Tokenized collectibles surge on Solana — but is TCG gacha a sustainable liquidity driver?

What happened

Tokenized Pokémon card sales have experienced a tenfold volume increase over the past year, driven by gamified 'gacha' mechanics on Solana.

What we think

The most likely outcome is a regulatory or liquidity-driven plateau of the tokenized TCG market (50% probability), as the current $230M monthly volume is heavily reliant on gamified gacha mechanics that border on unlicen…

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Tokenized collectibles surge on Solana — but is TCG gacha a sustainable liquidity driver?

We explain what happened and what could follow. We do not forecast prices.

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