GameFi Update: FIFA NFTs Under Scrutiny, Sorare Transitions to Solana

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

BTC-0.978%

SOL-2.805%

LAVA-1.52%

Source: Coinmarketcap

Updated: Oct 10 2025

Market Overview: Bitcoin has fallen to $121,600 amid profit-taking, impacting the GameFi sector, which saw a 3% drop in market cap to $17.5 billion, while trading volume increased by 23% to $3 billion.
GameFi Developments: Notable events include the launch of Football.Fun's $FUN token with a Q4 airdrop, the migration of Sorare's 5 million players to Solana, and the introduction of Reaper Actual by EverQuest creator John Smedley.
Top Performers and Decliners: Vulcan Forged (LAVA) surged by over 1,000%, while Seraph (SERAPH) experienced a significant decline of nearly 71%, highlighting the volatility in the gaming token market.
Web3 Gaming News: Key updates include Switzerland's investigation into FIFA NFTs for potential gambling implications, Unity's fix for a security flaw in Android games, and Elon Musk's xAI hiring a tutor to develop an AI-generated game.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

GameFi Update: FIFA NFTs Under Scrutiny, Sorare Transitions to Solana

About the author

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