AXS Price Trend Analysis: What Is the Outlook for Axie Infinity?

Axie Infinity It is a Ronin chain-based Web3 Game project launched by the Vietnamese team Sky Mavis. Players participate in the game by collecting, breeding, and battling NFT digital pets called ‘Axies’, and can earn tokens AXS and SLP by completing tasks, battling, etc. The game sparked a ‘Play-to-Earn’ craze in 2021, attracting millions of users worldwide, and becoming a representative project of GameFi. Axie not only promotes the development of NFT and blockchain games, but also explores new models of decentralized game economy and community governance. AXS is used for governance and various event rewards in the game ecosystem, connecting players with the project team, and is still considered a blue-chip asset in the GameFi ecosystem.

AXS price movement

AXS has reached its peak in October 2021, with a unit price reaching about $150. Subsequently, with the overall downturn of the crypto market and the exposure of Axie’s own economic issues, AXS price Sharp pullback. In 2025, AXS continues to be under pressure. As of May 13, 2025, the price of AXS has dropped to the lowest point since 2021, with AXS currently trading at $3.25, with a market capitalization of $527 million.

Despite the official continuous release of game updates (such as the launch of the 12th season of Origins in mid-April, and the launch of the 9th season of Classic Showdown in May), AXS price movement Still in a slump. It is worth noting that the new game upgrade Atia’s Legacy launched by the Axie team did not significantly boost the price of AXS. As of now, the price of AXS fluctuates in the range of 2-3 dollars, slightly under pressure compared to the beginning of the year, but some analysts believe that there may be a rebound in the second half of the year.

Official updates and token economic adjustments

Recent official updates from Axie and Ronin ecosystems are worth paying attention to. In April 2025, Ronin chain completed the bridging migration with Chainlink CCIP, securely moving over $4.5 billion in assets to CCIP, bringing stronger cross-chain security to the Ronin network.

In terms of gaming, Sky Mavis continues to launch events and features in 2024-2025: such as the 9th season of the Classic Showdown announced in May 2025 (with a total of 35,000 AXS rewards), and the Origins season launched in April 2025. These activities are aimed at increasing player engagement, but the short-term boost to AXS prices is limited.

In addition, the Axie team has adjusted the economic model. In early 2024, it announced a total cap of 4.4 billion SLP (utility tokens) and a ‘Stability Fund’ mechanism, returning 2 tokens to the fund for every 10 SLP burned to control inflation. These measures contribute to overall economic sustainability. At the same time, the total supply of AXS is 270 million, expected to be fully circulated by 2026, which means that token release will be gradually completed, putting pressure on future prices.

Web3 game ecology index support

Player and trading activity within the Axie ecosystem are important factors supporting the market value of AXS. Data shows that Axie reached a peak of nearly 2.8 million daily active users in 2021-2022. Although the number of players has since declined significantly, the ecosystem remains large. Research reports indicate that the cumulative transaction volume of NFT market on the Ronin chain has exceeded $4.5 billion, with the Axie series accounting for approximately $4.3 billion in total transaction volume, proving that Axie remains the most popular gaming asset on Ronin.

On a global scale, the overall activity of Web3 games is growing rapidly: the daily active wallets reached 7.4 million in 2024, an increase of 421% from the previous year. These ecosystem data indicate that despite the low price of AXS, Axie and the entire Web3 gaming sector still have a significant user base and transaction volume, providing long-term support for the market value of AXS.

Industry perspectives and AXS price forecast

There is a difference of opinion in the market regarding the price movement of AXS in 2025. Some analysis firms and forecasting tools hold a cautious optimistic attitude towards it. For example, technical analysis from a mainstream platform suggests that the price range of AXS in 2025 is around $3.87–$4.60; another research website predicts a full-year trading range of $3.04–$5.39, with an average annual price of approximately $4.18.

The relatively optimistic industry forecast gives a range of $5-8, and even predicts that it will reach $9-14 in a bull market scenario. On the other hand, some analysts take a pessimistic view: according to the technical wave theory, AXS may fluctuate between $0.50-6.50 by the end of 2025, falling to around $0.50 at the lowest.

Overall, most institutions expect the average price of AXS in 2025 to be below $10, while the price movement of AXS depends on the overall crypto and Web3 gaming market environment.

Axie Infinity future outlook

AXS plays a pivotal role in the Web3 gaming economy, connecting not only players and project governance, but also serving as the core of Axie’s ecosystem incentive mechanism. The rise of Axie Infinity demonstrates the potential for GameFi tokens to drive player participation and NFT trading, but also exposes the risk of an unstable economic model.

A research report points out that the Axie team is committed to continuously improving and expanding its IP ecosystem, but the long-term stability of the token economy still faces challenges. To this end, the project team is working to optimize the economic system by introducing mechanisms such as SLP cap and stability fund. In the future, the sustained value of AXS will depend on the combined effects of Axie game innovation, player growth, and token policy adjustments.

From a broader perspective, if the Web3 gaming industry continues to develop, AXS, as a representative of early leading GameFi projects, still holds long-term significance; however, ensuring the sustainability of the GameFi model requires further maturity and stability in economic incentives and player communities.

Risk Warning: Market volatility, regulatory policy changes, or technical risks may affect the price movement and application prospects of AXS.