Active Owners Axie Infinity has hit an all-time high of 420% year-to-date growth and the platform continues to perform well this year, so read more on the news today.
The popular NFT gaming platform Axie Infinity continues to see increasing user adoption after the exponential growth in the number of wallet addresses. According to data from IntoTheBlock, Axie Infinity Shards ownership is growing to 17,480 address owners, which is an all-time high number and is currently 420%. Meanwhile, the growth only shows the growing popularity of Axie Infinity and the hobby of NFT gaming.
Back in July, reports showed that the value of the AXS token skyrocketed by around 400% in one month, resulting in a market cap of over $ 1 billion. AXS is one of the assets listed on other exchanges like Coinbase Pro that has also grown instantly. Developed by Sky Mavis and released in 2018, Axie Infinity has grown in popularity over the past few years thanks to its meager monetization trend and record of some impressive milestones. Data from DappRadar shows the project has seen over $ 2 billion in NFT sales, only cementing Axie’s position as the most valuable NFT collection, surpassing NBA Top Shot, Art Blocks, etc.
The number of active Axie Infinity owners has increased as data shows that over 600,000 users are trading NFTS and as a result 4,887,645 are trading the project with over 1.5 million active users daily.
According to Jeff Zirlin, the platform’s co-founder, half of the platform’s users interacted with cryptocurrency and blockchain for the first time before Axie, while 25% of them did not have a bank account. The NFT industry is growing in popularity with celebrities and companies that buy or sell digital art in a variety of forms. However, blockchain-based games receive special attention. DefiPRime reports that the NFT game market is nearly $ 180 billion with an estimated value of $ 196 billion:
“NFT games could have the potential to become the norm for the gaming market if they get enough attention and popularity. They fundamentally changed the game and made it a lot more enjoyable for players. From then on, it could be a big change in the way people play games, and it could be as important as Doom to the market or 3D to the environment. “
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