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Axie Infinity Leads Gaming Token Rally, Trading Volume Over $2.5 Bln

Anna Martynova

Gaming platforms like Axie Infinity have recorded the highest dApps revenue in the last month. Axie Infinity has got over $190.9 mln in revenue from dApps. According to DappRadar, the number of daily active wallets in GameFi has grown dramatically by 600% in less than three months.

Axie Infinity accounts for almost 25% of the total value locked (TVL) in Ethereum bridges. According to Dune Analytics, Axie Infinity's Ronin Bridge ranked number 1 in TVL. In August 2021, the NFT game had 1.8 mln daily active users. Axie Infinity's total trading volume exceeded $2.6 bln.

Axie Infinity (AXS) has grown significantly over the past three months, gaining over 200%. AXS hit an all-time high of $162 last week. Crypto analyst @ Pentosh1 considers the AXS price trend bullish and has set a price target of $ 200 for AXS.

Image: Medium

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