Axie Infinity Records 59% Surge In Active Users: Is Play-to-Earn Rebounding?

Axie Infinity Records 59% Surge In Active Users: Is Play-to-Earn Rebounding?

Axie Infinity is beginning 2023 on the right track, as the play-to-earn (P2E) game’s active users recorded a 59% surge. Based on recent data, Axie Infinity’s sales volume also surged by a staggering 214% in January. The promising data now might mean that Play-to-Earn games may become popular again after a tragic drop in 2022.

The leading P2E NFT game Axie Infinity had a majorly impressive surge in its daily active users since January 1, 2023.

How Many People Are Using Axie Infinity?

The most recent data published by DappRadar shows that Axie Infinity’s active user wallets have grown by 59%, since January 1st. Notably, the native tokens of the game, SLP (Smooth Love Potion) and AXS (Axie Infinity Shards) also increased slowly until January 14, 2023, when both tokens reached their peak.

In general, the new reports show that there is an impressive achievement.

The most recent 30-day DappRadar data indicates that there is a spike in users’ activity on Axie Infinity.

Axie Infinity users increase
The most recent 30-day DappRadar data shows a spike in users’ activity on Axie Infinity. Credit: DappRadar

Interestingly, the exciting growth may also relate to the game’s latest update, which launched at the start of January. The new feature enables gamers to customize their Axies, trade in-game items, and boost the general game economy.

Are P2E Games The Trend In 2023?

2022 was a considerably less successful year than 2021 for the Play-to-Earn NFT-powered games. But, things might take a great turn for the better in 2023 with popular games like Axie Infinity reporting a surge in popularity.

Moreover, investors are backing new play-to-earn games as well. The latest example is Neopets, a virtual pet game that is ready to enter the Web3 world. Interestingly, the game founders raised $4 million from top investors to scale their project. The investors’ list includes Blizzard Avalanche Fund, Polygon, and Hashkey Capital, meaning one thing: it might eventually turn out amazing.

In conclusion, we need to keep an eye out for P2E nonfungible token (NFT) projects this year. Many new investors are coming in to test the available P2E games that are compatible with the metaverse.

Most Viewed Review

Leave a comment

Your email address will not be published. Required fields are marked *