Axie Infinity Strikes Back

Axie Infinity is making a big comeback, bringing interest in the Play-To-Earn model.

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Axie Infinity has been experiencing a surge in active players over the past few weeks. According to the latest data, the number of active users has increased by 59%. These figures represent a big comeback not only for Axie Infinity but also for the Play-To-Earn model in general.

Is the Play-To-Earn model back?

Last year, games with the Play-To-Earn model experienced a slump and lost popularity with players, partly due to the market situation. After experiencing success in 2021, the decline led many experts to declare the model dead.

However, the return of Axie Infinity's popularity contradicts this statement. Not only did the number of active users of the game increase by 59%, but the value of their native AXS and SLP tokens saw a mid-month peak. There are several reasons for the increase, one of which could be that the game released several improvements earlier in the year with new features such as avatar customization.

There has been an increase in the value of some cryptocurrencies. It could indicate that the Play-To-Earn model has started to gain interest again. Whatever the reason, we can only hope that this trend continues.

Source: nftplazas.com