Even with the harsh times in the play2earn and NFT blockchain gaming space, Splinterlands continues to build and identify the appropriate funding to do so. There are a lot of things happening around it and all that translates in more value being captured by the game governance token - Splintershards (SPS) - in the amount of +17.4% in the past month reaching $0.008658. And I think things will not stop here and once we hit back $0.01 probably we will see more enthusiasm and new players jumping in. It is a long way from the old good days, but with consistent building the tokenomics should improve as well. What factors will help SPS to capture more value? Well, first of all the community is the key of it by empowering it with a governance token alongside with tokenomics that are improving, rewards that are kept fair and organic growth, even if not skyrocketing over night. But steadily we are getting back in the groove and improving at any step on the way.
One thing I’ve learned after years in Splinterlands is that governance isn’t just some political angle as in real life. When we talk about SPS, we’re talking about actual voting power in the future of the game and how the funds from the DAO are used. Every token I hold isn’t just sitting there, it also gives me a voice to express my opinion on decision matters. I can help decide on reward pool allocations, ranked play adjustments, tournament structures and even how new mechanics are introduced based on the Proposals brought to the voters.
Back in the early days, most of us were just grinding for DEC and cards, but SPS has changed the game. It’s not only about playing, but it’s about shaping where the ecosystem goes. And when you have that kind of input, the demand for SPS naturally grows. Players don’t just want rewards, but they want also influence and decision power. That’s why I see the +17.4% growth as more than just a price capturing more value, but it’s also a signal that the governance layer is becoming more important to the community. Or at least that's how I see it on my journey to gather as much SPS as I can and simply stake it.
Let’s be real: rewards are what keep us logging in every day. The ranked battles are all more exciting when there’s SPS on the line. I still remember when DEC was the hot thing, but SPS rewards feel like a step up because they tie directly into the governance system. You’re not just earning a token you can dump, but earning a stake in the future of the game.
I see the devs and technical team constantly bringing more features aiming to improve the tokenomics and make that fairer and balanced. Whether you’re a whale with max-level summoners or a newbie climbing up from Bronze, SPS rewards give you that sense of progress. Honestly, that daily grind feels more rewarding now than it did a year ago. The token is at the center of Splinterlands play2earn economy and as the game scales, more SPS demand means more value for all of us who’ve been here since the trenches.
So, where do we go from here? From my perspective, hitting that $0.01 mark again is psychological as much as financial. Once it happens, you’ll see more players returning, new guilds forming and older ones filled up and maybe even fresh attention from the wider blockchain gaming space. The dev team is still building land, guild brawls, potential collaborations and novelty features, which could all push SPS further into the spotlight.
For me, SPS is more than just a token in my wallet. It is my commitment to this great game that I've joined since its inception, even participated in the presale before it got launched. At the moment, we’ve seen it grow +17.4% this past month and with the way governance and rewards are being structured and incoming developments, I wouldn’t be surprised if the next few months bring even more value captured in it. Even if I've witnessed the game going through some harsh phases, it succeeded to go over those, adapt, become more agile and simply continue building. The team is quite strong and I am amazed of their power, willingness and enthusiasm to continue grow the game. That earned the respect from my part and I will be standing with them until either I will get rich from it or the lights will get turned off. It is all or nothing for me.
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https://www.reddit.com/r/Splinterlands/comments/1n29yfd/splinterlands_the_splintershards_governance_token/
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Looks like the news packs is the catalyst for the SPS price action. Will be unpacking this more in my technical analysis post later.
Thanks for sharing! - @rehan12
