- The Sandbox launches interactive tools to boost user engagement; SAND price tests key support at $0.24–$0.25.
- SAND token up 4.25% daily but remains 52% down YTD; technical indicators hint at short-term recovery.
- Critical resistance for SAND lies at $0.30; breakdown below $0.24 may trigger sell-off to $0.21.
The Sandbox has rolled out new interactive tools for its metaverse platform, according to an announcement on its official website. These updates enable users to design customized experiences within the virtual environment, aiming to boost engagement and retention. The release comes as the platform seeks to regain momentum in the blockchain gaming sector amid a prolonged decline in its native token, SAND.
The SAND token is currently trading at $0.2584, up 4.25% over the past 24 hours. Despite this daily gain, the token remains in a mid-term downtrend, with a 52.59% year-to-date drop and a 39.86% loss over the past 12 months.
On weekly charts, SAND is testing the lower boundary of a consolidation range between $0.24 and $0.25. Holding this support could pave the way for a push toward immediate resistance at $0.27–$0.30, with a potential target of $0.34 if bullish momentum strengthens.
Conversely, a close below $0.24 may reignite selling pressure toward $0.21, a historical accumulation zone. Indicators like the RSI (48) and MACD remain neutral but show slight bullish divergence on shorter timeframes.
The Sandbox continues to leverage partnerships and seasonal events to drive adoption. Notable collaborations include franchises like Attack on Titan and Captain Tsubasa, alongside recurring LAND auctions and the upcoming Alpha Season 5 release.
While metaverse platform engagement remains below 2022 levels, renewed interest in NFTs and digital ownership models could bolster SAND’s long-term prospects.
